Upper Michigan Lumber and Hardware Dealer and Overhead Door Business 

Revenue: $2,000,000
EBITDA: $400,000

RA226
 
 

About the Company

This Company has provided hardware, lumber, and other building materials supply to do-it-yourselfers and contractors in the upper peninsula of Michigan for 40 years. It features a full-service hardware store, lumberyard, and overhead door offerings. Its large and stable base of customers value the Company for its excellent service, quality and thoroughness, and the combination of the three divisions benefit the Company as a whole. The Company presents a geographic growth opportunity for a buyer interested in taking over an established, successful business in an underserved region of the state. The Company currently has day-to-day management in place, and owners are willing to assist buyers through a short transition period. 

GROWTH OPPORTUNITIES

Room to grow – The business is operating at less than full capacity, and its current facilities could handle additional sales volume. 

Additional marketing – Current efforts are focused primarily on newspaper and radio advertising and the Company’s website.  

INVESTMENT HIGHLIGHTS 

Loyal customers – The Company’s reputation for high quality and customer service has won it many repeat buyers. It currently maintains approximately 250 customer accounts. 

Hardware store network membership – The Company’s membership in a national hardware store cooperative provides access to more than 65,000 products. 

Full-service lumberyard – The Company’s full-service lumberyard stocks and delivers everything from white wood lumber to moisture-resistant drywall. 

Central location – The Company is ideally located to serve the many resorts, cottages, year-round homes, farms, businesses, and local and tribal governments in its region. 

REVENUE AND EBITDA

Approximate Divisional Annual Revenue: $2,000,000        

Approximate Divisional Annual Cash Flow: $400,000 

INTERESTED?

If this opportunity fits your Company, please fill out the below NDA to get started and contacted with more information.

 

Non-Disclosure Agreement

Contact us for more information!

NuVescor Group

(616) 288-4047