| Asking Price |
Not Disclosed | Inventory |
$325,000* |
|---|---|---|---|
| Gross Income |
$1,103,000 | Real Estate |
$366,000* |
| Cash Flow |
$117,000 | Year Established | 1960 |
| FF&E |
$150,000* | Employees | 6 |
* included in the asking price
** not included in the asking price
This 25 year old business sells just about everything you need to build a great house. Flooring has been the specialty and they have everything else to go with it. From Granite counter-tops to carpet sales, this hometown hardware store transformed itself into a major supplier to builders across the area. The 741 feet of hwy. frontage makes this a dominant location in this town in Alabama near Smith Lake. Smith Lake area is booming with construction and this store is only 8 miles away. Owner took over for the family 20 years ago and is ready to retire. Absentee ownership is possible and a good staff is in place. Nice family atmosphere make this place attractive. Seller is motivated and will work for a smooth transition for new owner.
Facilities: This established building and flooring retailer is located on major highway with 741 feet of frontage. Three separate buildings including the showroom and Two large lumber warehouses with easy access. Only 8 miles from booming residential development on Smith Lake. Great set-up for contractor customers to access. Rental space available in one building.
Competition: Major retail supplier in the county and highest volume store of its kind it the surrounding area. Great reputation built by owner for high level of customer service. Very wide range of flooring and counter tops of all kinds. Several solid employees can operate and deal with customers. Nice showroom for residential remodeling and construction customer visits.
Growth/Expansion: This place is huge and has plenty of room for expansion. 17,000sq.ft. of warehouse and over 8500sq. ft. of showroom. Sky is the limit on retail and wholesale opportunities.
Financing: Interested in financing or leasing Real Estate to right buyer
Support/Training: As required
Reason Selling: Personal

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