Retail Business For Sale in North_carolina

Home Improvement Center, Appliances & Installations

Advert Id: 23690, Sellers Ref: (RETAIL5)
  • Location:North Carolina
  • Category:Retail
  • Asking Price:$1,200,000
  • 1200000
  • Sales revenue :$2,343,000
  • Net profit :Undisclosed
  • Furniture/Fixtures value :$265,000
  • Inventory/Stock value : $792,500

Business description

Seller describes the business as a little Lowe s , but it is not so little! With over 32,000 square feet of displays plus 52,900 square feet of storage and other facilities plus thousands of items in-stock, very few customers walk away empty handed. Of special note are the Appliance Department and the Surplus Doors & Windows portion of the business. Additionally, a full-time home improvement salesman / supervisor quotes, sells and manages the installation of windows, vinyl siding and all types of roofing jobs as well as kitchen and bath remodeling and even full room additions. In 1990, Seller left his corporate job to start a home builder s supply store which has grown to the point that in the fifteen years from 1996 to 2010, there have been only two years of less than $2,000,000 in revenue, with 10 of them in excess of $2,455,000 and 2 of those were in excess of $3,000,000 in revenue.
Facilities
Seller owns all facilities and is open to a lease, purchase or lease to purchase offer .
Financing
Seller will provide some financing for a qualified buyer

  • Real Estate: 265,000
  • Competition: Some smaller hardware stores but really nothing that offers a comparable in-stock selection within a 20 minute drive
  • Expansion: Seller feels the surplus market segment holds the greatest profit potential
  • Years Established: 1990
  • Employees: 8
  • Reason For Selling: Seller wishes to retire
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