Two (2) Well-Established Lumber & Hardware Stores in Northern Minnesota For Sale - 11188

Price
$1,500,000
Location
Category
Lumber & Hardware Store
Description

Well-established Northern Minnesota Lumber and Hardware Stores Available! Two (2) locations: Hackensack and Backus. Stores have been very profitable over the 41+ years the family has been in this business. Located in the heart of busy tourism towns and beautiful recreational lakes, the business is well-run with an excellent opportunity for new owners to step right in. Owners are retiring and willing to stay on part-time for a transitional period. Priced to sell at $1,500,000 including land, buildings and FF&E. Inventory is not included which averages in the $800,000+ area. 

Listing ID
11188
Value From Year
2018
Cash Flow
$315,295
Value of Real Estate
$939,500
Gross Sales
$3,307,991
Reason for Selling
Retirement
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
41

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