Lumberyard & Building Supply Company

Los Angeles, CA (Los Angeles County)

Lumberyard & Building Supply Company

Asking Price:$77,000

Cash Flow:N/A

Gross Revenue:$105,000

EBITDA:N/A

FF&E:N/A

Inventory:$55,000*

Established:1938

*not included in asking price.

Lumberyard & Building Supply Company

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Business Description

Lumber business liquidation sale! This 3rd generation Lumber and Building supply company established in 1938 is well known in the community. The current owner has been operating it since 1985. The 15,000 sq. ft. facility includes the lumberyard, storage space, retail space, office and restroom. The lumber and building materials are sold on a retail and wholesale basis to local contractors, residents and businesses. Additionally, the owner performs window installation, door installations and renovations. Owner owns the property and is willing to give a favorable lease. Also the owner intends to sell the property before 2019 and the buyer will be given the right of first refusal.

Assets sold with the business include the name, inventory, telephone, customer list, FF&E (except personal tools). Owner will train for two weeks at 20 hours per week. Owner will continue to reside in the area so additional training may be negotiated. The owner hopes to retire by the end of the year. Inventory is valued at $55,000. FF&E at $10,000.

The business has limited hours, open only from Wednesday to Saturday, so there is a potential for increased sales with expanded hours of operations. A new owner can also modernize its office systems to make operations more efficient.

This turn-key business is ideal for a contractor who, like the owner, can sell materials and perform installations and renovations.

For more information, please contact Angelica Michail at 626 395 0717 or email her at amichail@sunbeltnetwork.com. A full NDA and financial proof will be required.

Detailed Information

Inventory:
Not included in asking price
Facilities:
15,000 sq ft
Support & Training:
2 weeks @ 20 hrs per week
Reason for Selling:
Retirement

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Angelica Michail, MBA, CBB, CBI

Business Listed By:
Angelica Michail, MBA, CBB, CBI

Sunbelt of Pasadena

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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