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Northern Michigan Lumber Company For Sale! North Of Us 10!

Clare, MI (Clare County)

lumber company
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,500,000



Inventory: N/A

Established: N/A

Northern Michigan Lumber Company For Sale! North Of Us 10!

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Business Description

Business Description

Well established lumber company that has been in business since 1938! The company offers a full line of building materials, including Lumber, Hardware, Electrical, Plumbing, paint, Kitchen & Bath Cabinets, additionally, the company also has a full-service wood shop to provide custom planning, sanding, and screen and window repair services. This company has a great reputation and is looking for the right buyer to take it into the next chapter of growth!

The customer base is 75% homeowner, 20% contractor, and 5% industrial.

The staff is willing to stay with the new owners, and the present owners are willing to support and train the new owners!

This is a great Northern Michigan opportunity and a must-see opportunity for the right person or company who wants to live in the beautiful norther area of Michigan! Please call Doug at 616.822.9900! or Rob at 616.855.7677!
Detailed Information

Asking Price: Accepting Offers! Asking $600,000.00 for the Real Estate; and $900,000.00 for the business depending on inventory. The seller will only sell if both real estate and business are purchased together.

Gross Revenue: Ranges between $1,400,000.00 to $1,500,000.00 Annually

Established: Since 1938!

Inventory: The Inventory varies based on business requirements.

Building SF: Retail Space 9,955 square feet; Kitchen & Bath Center 1,917 square feet; Wood Shop 2,560 square feet; Warehouse 1 17,388 square feet; Warehouse 2 10,530 square feet; 2nd level storage 4,000 square feet; and open storage building is 4,961 square feet. The facilities are located on a 3 plus acre site!

Employees: 5+ full and part-time, very little turnover, a loyal employee base!

Facilities: Exceptional condition at all facilities and updated to meet all requirements.

Competition: Limited competition in the area; Home Depot and Menards located 20 miles away.

Growth & Expansion: Focus on building a solid contractor base, grow the kitchen and bath area, and increase hardware sales, etc.

Support & Training: Owners want to ensure success for the new owner and are willing to support and train the new owners.

Strengths: Knowledgeable employees, on time deliveries, and well stocked retail store!

Reason for Selling: retirement.

Detailed Information

Clare, MI
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Rob Anderson

Business Listed By:
Rob Anderson

Equity LTD

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