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Asking Price$2,725,000
Revenue$6,947,228 Established1959
Cash Flow$746,063 Employees17 full, 0 part
FF&E$150,000* FranchiseNo
Inventory$1,150,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Independently owned, multi-location home improvement retailer based in Michigan, with two distinct retail concepts serving both commercial (65%) and residential (35%) customers. Combined revenues for all 3 locations was approximately $7 million with cash flow of approximately $750,000 in 2017. Business for sale for $2.725 million and the real estate is also for sale for $3.0 million for a total purchase price of $5.725 million. This is an established company with outstanding brand reputation. For additional information please contact Rick Elliott with Sunbelt Business Advisors at 612-238-1282 or relliott@sunbeltmidwest.com.
Sale Reason:Retirement
Ad #101972
Seller Reference #MINNEMN003-N1670
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Rick Elliott
612-455-0880
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