Lumber/ Building Supply Company with Warehouse

Business Opportunity for Sale
Catylist Listing ID: 30841283
Property Subtypes: Retail Stores
Building Size (RSF): 32,944 SF
Sale Price: $3,999,000
Name of Establishment: Hickman's Building Supply
Business Website Address: https://hickmanbuildingsupply.weebly.com/services.html
Franchised Business: Yes
Year Business Established: 1964
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller
Last Updated: 5/29/2023

Overview / Comments

Very Well-Known, Family-Owned Business Established in 1964 that started out as a Lowes Associate Store. They now supply building materials and lumber products to private contractors; as well as having a large store front open to the public. Property sets on approximately 3 acres and includes additional buildings used for overflow storage, lumber products and stock. Buildings in good condition. Great location and easy access for semi-trucks to pick up and deliver to and from. Owners are ready to retire but this business is not. This business has room to grow.

Additional Details

Nearest MSA: Lexington-Fayette
County: Bell
Industry Segment: Independent Stores
Reason for Selling: Owner's ready to retire.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Real Estate Lease Description: No Lease/ Owner Owned and Operated.
Employee/Labor Description: Some of the staff and employees willing to stay.
Mgmt/Training Support Description: Owner available to train length of time TBD.
Seller Financing Description: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,622 7,551 19,851
Median Age: 42.67 42.07 39.05
Households: 1,631 3,278 8,000
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