This Company is not your ordinary lumber yard. It prides itself on going above and beyond in service and delivers only the good quality products. The company culture believes in working closely with contractors and homeowners to identify what products and services are required. It then makes sure the products are delivered in a timely fashion to ensure the project remains on time. In addition to being a higher-end lumber yard, this business also provides custom milling and molding that sets it apart from its competitors. Included in its product and service offerings are: kitchen, bath and cabinetry; a complete line of building materials; windows and doors; and many specialty items. It has delivered all throughout the Northeast because they can provide materials not found elsewhere to discerning customers who demand the best.
About the Business
Number of Employees:
The business sits on 10 plus or minus acres . There are 13 buildings on the site that includes the office, millwork building, pole barns for storage, sawmill building, vehicle storage and warehousing. There is good road clearage on the property between building to allow for easy deliveries and pickups. The entire property is covered with security cameras. The business also includes a significant equipment package of vehicles, forklifts, milling & molding equipment, etc.
There are no regional lumber yards or building material suppliers that equal the quality products and services that this business offers. It clearly is the premium company in the area. The other competitors cater to the lower and middle end of the market. This firm is quite competitive on the commodities ( standard lumber and building materials) being sold but it excels when premium products are being sourced. There are 6 identified regional competitors including Lowes and Home Depot 40 miles away.
Growth & Expansion:
• Further grow the millwork and molding division to a wider regional market. • Promote the custom end of the business especially to other building materials suppliers. • Expand the inventory to include more mid -price range products geared toward the contractor market while continuing to promote the high-end products. • Advertise and market the log homes division • Make the web site interactive for sales. • Utilize social media to promote specials, custom products , etc. • Expand to Saturday morning hours.
The seller will provide whatever support is initially required but he does have a very capable staff with an office manager, operations manager and sales manager to assist a new owner.
Up to 10% of the purchase price.
Ad Detail Views:
Asking Price: $1,800,000 Gross Revenue: $5,210,000Cash Flow: $580,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $725,000 not included in asking priceFF&E: $600,000 included in asking priceReal Estate: $430,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
A profitable lumber yard with value added services.
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