2026 annualized sales $2,795,828 with $643,180 annualized SDE!!! Long established hardware store with additional services catering to residential home owners, large current inventory, warehouse and lumber yard for sale. The ideal buyer will have a general contractor license to provide additional services to homeowners utilizing in-house inventory to lower COGS. Business cash flow, discounted inventory, 19,150 sf of store and warehouse space with ~$350,000 in updated FF&E on 1.38 acres plus separate tax lot for 7500sf building on .79 acres.
The $4,650,000 asking price includes $2,904,850 ($109/sf) for for 26,650sf of Commercial Real Estate with ~$350,000 in updated FF&E, $411,753 in annual cash flow at 3 x multiple (semi absentee) plus $1,200,000 in current inventory discounted to $509,891 (58% discount).
Ideal expansion opportunity for a general contractor or hardware chain as the vertical integration could potentially lower COGS on lumber and fasteners by up 23%.
Ad#:2475073