Upper Michigan Lumber and Hardware Dealer and Overhead Door Business

Asking Price$1,300,000

Cash Flow

EBITDA$468,000

Gross Revenue$2,385,000

Inventory$1,100,000
Included in asking price
FF&E$125,000
Included in asking price
Real Estate$835,000
Not included in asking price
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Upper Michigan Lumber and Hardware Dealer and Overhead Door Business


Asking Price$1,300,000

Cash Flow

EBITDA$468,000

Gross Revenue$2,385,000

Inventory$1,100,000
Included in asking price
FF&E$125,000
Included in asking price
Real Estate$835,000
Not included in asking price
Business Description
This Company has provided hardware, lumber, and other building materials supply to do-it-yourselfers and contractors in the upper peninsula of Michigan for 40 years. It features a full-service hardware store, lumberyard, and overhead door offerings. Its large and stable base of customers value the Company for its excellent service, quality and thoroughness, and the combination of the three divisions benefit the Company as a whole. The Company presents a geographic growth opportunity for a buyer interested in taking over an established, successful business in an underserved region of the state. The Company currently has day-to-day management in place, and owners are willing to assist buyers through a short transition period.
About the Business
Years in Operation
43
Employees
6 Full-time
Facilities & Assets
Hardware store network membership – The Company’s membership in a national hardware store cooperative provides access to more than 65,000 products.

Full-service lumberyard – The Company’s full-service lumberyard stocks and delivers everything from white wood lumber to moisture-resistant drywall.

Central location – The Company is ideally located to serve the many resorts, cottages, year-round homes, farms, businesses, and local and tribal governments in its region.
Opportunities for Growth
Room to grow – The business is operating at less than full capacity, and its current facilities could handle additional sales volume.

Additional marketing – Current efforts are focused primarily on newspaper and radio advertising and the Company’s website.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
22,800
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2478070
Listing Views
28
Attached DocumentsAttachment Disclaimer

UPPER MICHIGAN CONSTRUCTION MATERIALS SUPPLIER (FINAL).pdf


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Business Listed by: Tyson Vandervelde NuVescor Group

Listing ID: 2478070 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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