Lumber Co/Hardware/Kit. & Bth/Real Estate-Only 20% Down-For Sale

Ocean County, NJ

Lumber Co/Hardware/Kit. & Bth/Real Estate-Only 20% Down-For Sale

Asking Price:$9,525,000

Cash Flow:$853,356

Gross Revenue:$12,059,163




Real Estate:$6,475,000


*not included in asking price.

Lumber Co/Hardware/Kit. & Bth/Real Estate-Only 20% Down-For Sale

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Business Description

This lumber company and hardware store has been in existence for 83 years. It was established in 1932 by the current owner’s grandparents, this hardware store is a staple in the community. This business is comprised of three separate stores with six pieces of real estate. Two of the locations are hardware stores/lumber yards and the third location is a kitchen and bath showroom. You have the opportunity to build on years of success. This is a growing business with multiple income departments. The inventory, equipment, buildings and real estate are included in this great price! NOTE: They closed their door division down in 2014.

Detailed Information

Not included in asking price
Real Estate:
Included in asking price
Building SF:
29 FT/11 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Three separate locations. Located in busy areas with great exposure. Stand-alone stores with various storage sheds.
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.
Lender pre-screened w/ $1,785,000 down.
Support & Training:
Will train for 2 weeks @ no cost. General.
Reason for Selling:
No family members to take over the business.

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Joe Chiarello

Business Listed By:
Joe Chiarello

Murphy Business & Financial Corporation

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Murphy Business

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