#Business ID: 19896
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Business Location: New England, United States
| Asking Price: not disclosed | Revenue: $ 7,500,000 | Cash Flow: $ 200,000 |
1970
Lease
$ 1,000,000
$ 1,025,000
The Company-owned, 12,000-square foot lumber yard and hardware store are located on approximately five acres of land, with an adjacent unused heated metal building consisting of another 3,000 square feet. The remaining acreage is used for both outside and inside building material storage.
The Company has developed a long-standing customer base of more than 1,500 active accounts operating in the region. Management is proud of the many loyal customer relationships built over the Company’s history and believes customer relationships will successfully transition to new ownership.
Management cites several opportunities to accelerate growth trends over the next few years by increasing sales and marketing and expanding geographically. The resultant revenue and profitability derived from these ventures has not been included in the projections contained herein. Company has maintained strong sales and margins despite a lack of resources dedicated to marketing. The Company has never placed an emphasis on marketing its services. This is primarily because management was focused on meeting the needs of its existing clients. In order to expand the business, new ownership could utilize the techniques listed below: Create an expanded sales team, Implement a marketing plan designed to diversify target markets, Improve web page and design it to maximize key word searches.
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Management will remain through transition to facilitate a successful and orderly transition.
Retirement and new ownership with greater capital and human resources may be bet.
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