Established Hardware & Building Supply Business with Real Estate
Washington County, ME
About this business
This well-established enterprise thrives in the hardware and building materials sector, primarily earning revenue from the sale of high-margin, premium-grade products. Despite seasonal fluctuations, particularly a post-holiday slump, the business remains robust due to its dedicated clientele and essential offerings. It caters to both contractors and DIY enthusiasts, ensuring consistent demand throughout the year. Renowned for its commitment to personalized service and community ties, the business has cultivated a loyal customer base that appreciates its welcoming environment and the trust developed over time. The friendly staff enhances the shopping experience, providing expert advice that surpasses larger competitors. Strong supplier relationships enable the business to meet local demands effectively. Owner-operated, it features one active owner alongside a capable manager ready to assist in the transition. While formal Standard Operating Procedures are absent, the existing systems are user-friendly, allowing for quick training of new hires. The business has grown largely through word-of-mouth and a modest social media presence, particularly among commercial clients, presenting an excellent opportunity for a new owner to expand.
Details
| EBITDA | $252,000 |
|---|---|
| Inventory | $500,000 |
| Furniture, fixtures & equipment | $430,000 |
| Real estate | Leased |
| Established | 1989 |
| Employees | 5 |
| Reason for sale | Entering Retirement |
| Location | Washington County, Maine |