25% Down! Lumber Yd/Hardware Store W/RE & Inv. Included For Sale

Ocean County, NJ

25% Down! Lumber Yd/Hardware Store W/RE & Inv. Included For Sale

Asking Price:$2,600,000

Cash Flow:$366,816

Gross Revenue:$4,714,915

EBITDA:N/A

FF&E:$600,000

Inventory:$1,300,000*

Real Estate:$1,265,000

Established:1932

*not included in asking price.

25% Down! Lumber Yd/Hardware Store W/RE & Inv. Included For Sale

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Business Description

Reduced Price - This lumber company and hardware store has been in existence for 83 years. Established in 1932 by the current owner’s grandparents, this business is a staple in the community. This location is a hardware store/lumber yard. You have the opportunity to build on years of success. This is a growing business with multiple income departments and very profitable already. The inventory, equipment, buildings and real estate are included in this great price! It has been lender pre-qualified by a bank already for only 25% down for a qualified buyer.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
14 FT/2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a busy area with great exposure. Approximately 6,000 square feet. Stand-alone store with various storage sheds.
Competition:
There are several hardware supply companies and lumber yards within about 25 miles.
Growth & Expansion:
A hands on owner or Investor would be able to grow this business to other markets.
Financing:
Lender pre-screened w/ $537,500 down.
Support & Training:
Will train for 2 weeks @ no cost. General.
Reason for Selling:
No family members to take over business.

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Joe Chiarello

Business Listed By:
Joe Chiarello

Murphy Business & Financial Corporation

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