Lumberyard & Building Supplies for Consumers and Builders (17890)

Seller Financing Available

This hardware store sells quality lumber, roofing, and home improvement materials, from paneling, paints, and flooring products to specialized electrical plumbing, and supplies for contractors. Contractors account for 40% of income and the top products provided are lumber/wood and building materials. Revenues reached $1,510,481 in 2023 holding Discretionary Earnings of $153,823. Benefiting from multiple retailer networks, growth opportunities also exist with pet supplies, a garden center, and yarding equipment as profitable product lines. Powered by high visibility from a well-located shop, residential walk-ins for remodels and special, custom orders. Situated in North Central Iowa, three buildings (open storefront, machine shed, and retail facility) measure around 27,180 square feet and feature office space and ample spacing for warehouse use. Preferably sold alongside the business, the property and 1.9 acres value up to $335K with excellent renovations including electrical and buildout upgrades from 2022. The seller will transition smoothly under current roles. A knowledgeable and long-standing team of five nonunion workers are likely to stay post-sale, with one key employee ready to train for an owner-absentee operation. With light marketing, new promotive efforts such as a developed website, more online engagement, and digital marketing would maximize client outreach. A large repeating customer base continues to offer a great referral system, positive ratings and a strong reputation. Through six decades the company has connected vendors with clients needing new projects, this listing has flexibilities for optimizations that don’t compromise profits, such as streamlining potentials and partnerships!