Retail Home Improvement and Product Show Room

Portland, OR (Clackamas County)

Seller Financing Available
Retail Home Improvement and Product Show Room

Asking Price:$500,000

Cash Flow:$165,000

Gross Revenue:$990,000

EBITDA:N/A

FF&E:$94,000

Inventory:$45,000

Rate/Sq. Ft.:$9.00

Established:2006

Retail Home Improvement and Product Show Room

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Business Description

. The company provides high quality, proven technology building/remodeling solutions customized to address the unique needs of the individual remodeling project or new building project. . Our expertise is focused on providing unique building solutions such as those from Wedi Building Products of Germany. Wedi Is the most advanced water guard board used in bathroom construction on the market today; Light weight and efficient. The point of differentiation is the value added to customer relationships by the knowledge of products and their applications. The company has gained this knowledge through experience in the store and in the field. This knowledge, while not proprietary, is essential to earning the trust and respect of customers, both homeowners and contractors. This approach helps insure the maintenance of higher margins at the point of sale. These are the main reasons that this company has been very profitable for many years and that three major banks would love to finance the purchase.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Expiration:
10/7/2020
Employees:
1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The office is located in a highly visible business mall that is situated on two high traffic streets. 70% of sales are retail to contractors and home owners The display room is set up to give the customer a pleasant visual experience and with product displays easily accessible There is more than enough parking. The business has a long term lease with options to renew and is priced a bit lower than market. Good landlord to work with..
Competition:
There is no other Construction/building supply company like it in the Portland area. However, contractors and other suppliers do compete in their market.
Growth & Expansion:
Their retail production from their store front is significant and can be easily duplicated. The Portland Metro area could easily support another location in the Tigard/Beaverton area. As traffic becomes more difficult more area residents will want to be served by stores closer to home. Our SE store is ideally situated to serve SW Washington and NE and SE Portland.
Financing:
Bank Financing available to a qualified buyer
Support & Training:
Sellers are willing to give the buyer 30 days of uncompensated training and will negotiate any additional time if needed.
Reason for Selling:
Other business interests beyond building and construction.
Business Website:
http://www.norwestbizsales.com

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Ladd McGowan-Senior Business Analyst

Business Listed By:
Ladd McGowan-Senior Business Analyst

NorWest Business Sales, Inc.

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