Established Lumber Company with Real Estate and Substantial Assets

North Carolina
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Asking Price:$12,000,000
Inventory:$4,431,000
Real Estate:$3,600,000
Gross Revenue:$16,234,000
FF&E:$3,541,000
Established Year:2002
BUSINESS DESCRIPTION

Strategically Positioned Near Major Thoroughfares

This established lumber company presents an attractive acquisition opportunity with substantial real estate and significant assets. Strategically located with easy access to major highways, this business is well-positioned for expansion of an existing lumber or related operation.

Opportunity Highlights:
• Well-maintained equipment
• Long-term customer relationships
• 100,000+ sq. ft. warehouse space
• Over 25 acres of land
• Experienced management team
• 40+ full time employees

Current ownership is looking to retire and sell the business and real estate to a strategic buyer who can capitalize on the robust assets and strong geographic position. Ideal buyers include industry players looking to expand their footprint.

To learn more about this unique opportunity, please complete the form on this page and you will receive an email with a link to the MidStreet Buyer Application. After submitting this form, our team will review and follow up with a Non-Disclosure Agreement, assuming buyer criteria are met.

Note: Certain non-financial figures have been modified to maintain client confidentiality.


DETAILED INFORMATION
Location
North Carolina
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
40
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Real estate, Furniture, Fixtures, and Equipment (FF&E) and inventory included in sale. Real estate offered by MidStreet Realty.
Support & Training
Seller willing to offer customary training period if desired by buyer.
Reason for Selling
Retirement.
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Jonah
Pollone
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Jonah Pollone