Overview:
This company is a local hardware and home center that operates as a part of the Do It Best purchasing cooperative. The business is in a semi-rural market with limited access to traditional “Big Box” competitors and has thrived in this protected geographic environment.
Founded in 2004, this second-generation family business serves as a one stop shop for all the community’s homecare needs. They carry full lines of home repair and maintenance products, selling to DIY (Do-it-yourself) customers, DIFM (Do-it-for-me) customers, as well as professionals (builders, contractors, landscapers, and maintenance departments for government entities).
They also offer certain small engine repair services.
This hardware store for sale operates out of a 14,000 square-foot showroom and a 5,000 square-foot warehouse used for storing inventory.
The company’s success is driven by its protected competitive location, overall growth of the Greenville, SC/Anderson, SC MSA, and management’s keen understanding of the specific inventory needs of its local market.
Revenue:
$1,869,000
Cash Flow:
$432,000
