$1,125,000

MISSOURI – HISTORIC FAMILY HOME IMPROVEMENT SUPPLY STORE

 

This historic home improvement and hardware store is a staple of its community and operates from its headquarters in the Kansas City Metropolitan Area of Missouri. The Company is a long-standing retailer and installer of consumer and commercial improvement products such as flooring, home supplies, contractor supplies, tools and more. The primary product lines consist of an extensive catalog of home improvement products including paint supplies, tools, flooring, cabinets, plumbing supplies, building materials, lighting supplies, tile and more. The Company operates from a highly visible retail location, totaling over 15,000 square feet. The building and property are owned by the business and are included the sale price. The customer base consists primarily of regional consumers, agricultural professionals, and commercial contractors. Through a network of private vendors, this business has access to hundreds of thousands of products to stock in store with fast shipping and turnaround times. The Company has a proven track record of being able to stay ahead of market trends, new product lines, and changes in the types of hardware and supply products gaining popularity in the marketplace. With its wide range of products, the marketing efforts focus on targeting repeating business utilizing word-of-mouth referrals, radio advertisements and print circulars. The Company also provides installations of flooring, kitchen cabinets, bathroom fixtures, locksmith services and window repair to both residential and commercial customers. These services are performed by contracted 1099 labor with ownership acting as general contractor for these services. By providing installation services, the Company maintains an even higher presence in the market by being able to capitalize on its customers’ entire hardware and building supply needs. In 2021, the total revenue was $1,039,571 with Seller’s Discretionary Earnings of $262,000.

Business Details

• Primary Wholesaler(s):
• Year Established: 1917
• Cash Flow: $265,324
• Gross Revenue: $1,039,571
• EBITDA: $218,847
• Inventory: $467,427
• Number of Employees: 5
• Building Size: 15,000 sq-ft
• Selling Floor Size: 10,000 sq-ft
• Real Estate Included? Yes
• Approximate Real Estate Value: $385,000

 

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