Asking Price:

$75,000

Gross Income:

$1,200,000

Cash Flow:

$50,000

FF&E:

$200,000.00 *

Inventory:

$300,000.00 **

Real Estate:

N/A

Year Established:

1990

Employees:

20

Business Type:

Blding Mat., Hardware, Garden

** not included in the asking price

* included in the asking price

Business Description

Blanchester, Ohio Lumber/Hardware Company for sale. Established over 20 Years. $1,200,000 sales, $50,000 profits, $200,000 in assets and $300,000 in inventory. Asking price reduced to $75,000, liquidation value, plus inventory. Real Estate can be leased or purchased. This is a great turnaround opportunity with housing market and economy starting a return back to previous levels. Good chance to buy a quality business at the bottom of the market. This business has done 3 million in sales in the past. Selling due to retirement. Sellers are willing to transition with the buyer. Please contact Greg Hedgebeth, VR Business Brokers, Cincinnati, Ohio, Greg@Hedge-Financial.com

Detailed Information

Reason Selling:

Retirement