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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

EBITDA: N/A

FF&E: N/A

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!
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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

Location:
Clare, MI
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(from currently available funds)
 
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Rob Anderson

Business Listed By:
Rob Anderson

Equity LTD

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