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Business For Sale Listing 154854

Regionally Leading Hardware Retailer/Rental Center

Status as of Nov-21-2008 at 05:59 PM: Off The Market

Business Summary

Our firm currently represents a well-established and profitable home improvement and building supplies retailer serving a captive, Washington state market. The Company is one of the only regional outlets for the sale, rental and service of a comprehensive assortment of power tools, equipment, and related products and accessories. Centrally located on a picturesque and historic island in the Puget Sound, in the region’s commercial center. Median home price in the region is the highest in the state, supported by a very affluent population disposed to spend on home maintenance and improvements. The customer base therefore exhibits a healthy diversity of both homeowners and contractors, who rely heavily on the Company as one of few local suppliers. Authorized dealer, and carries a full line of products, for such manufacturers as Stihl, Toro Ariens/Gravelly, Cascade and Bentley, with which the Company has maintained excellent relationships for many years. Product and equipment sales and rentals, along with repairs and services, generate the bulk of revenue (35%, 34%, and 10%, respectively), with 2007 witnessing a rising number of big-ticket purchases. The Company has realized revenue growth over each of the past three years, with 2005 revenue of $1.35 million steadily building to more than $1.66 million in 2007. EBITDA margins for this retailer have averaged 16.3% over the same period.


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Industry

Sector: Retail Trade
Industry: Hardware Stores

Location

Classification: United States // Pacific States // Washington

Financials

Sales: Between $1 Million And $2.5 Million   (1,660,000)
Profits: Between $100 Thousand and $500 Thousand   (251,000)
Profit Type: Earnings Before Interest, Taxes & Depreciation (EBITDA)
Asking Price: Not Disclosed
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