Lumber, Building Supply and Equipment Rental Company
Off-MarketNorth Adams, MA
Lumber, Building Supply, Hardware, And Equipment Rental Business. The Company Sells Lumber, Building Materials, Hardware, And Related Supplies And Operates An Equipment Rental Division Under A Separate Business Name, Duke’s Equipment Rental. The Seller Is Open To Selling The Businesses Together As A Package Or Separately
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$2,000,000
$500,000
25.0%
2012
Past 24h
Customers
Approximately 60% commercial and 40% residential. Customers include contractors, businesses, homeowners, and other local customers purchasing building supplies or renting equipment
Customer Acquisition
Primarily word of mouth and reputation. The business does little to no advertising and has developed strong local awareness over the years.
Team
Approximately 12–13 employees. Key positions include multiple store managers and a manager responsible for the equipment rental operation.
Owner's Role
Primarily oversees and manages the business at a high level. The owner is not regularly involved in day-to-day store operations because he operates other businesses. Store managers handle the lumber/hardware operations, while a separate manager oversees the equipment rental division.
Reason for Selling
The owner operates several businesses and wants to reduce his workload. At 55, he is preparing to retire and would like to simplify his business interests and spend more time relaxing.
Contracts
Yes
Real Estate
Yes. The businesses operate from one large building that is owned by the owner. The building is approximately 220 ft. × 80 ft., or 17,600 sq. ft. The owner is flexible and would either sell the real estate to the buyer or retain it and lease the property to them.
When Are You Looking to Sell
Within the next 6-12 months
Licenses Required
No
Additional Notes
The lumber/building supply operation and equipment rental operation are structured as separate businesses but operate from the same property and can be acquired together or separately. The businesses have established a strong local presence with virtually no advertising and generate business primarily through word of mouth. Management is already in place across the operations, allowing the current owner to spend most of his time on his other businesses.
Business ID: 2060
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