East San Diego Hardware Lumber & Feed Store For Sale

Business description

East County Lumber & Ranch Supply has been an anchor of Campo and the surrounding communities for 33 years. The business has no local competition and is very appreciated by the residents for the friendly service and good prices. Campo is a beautiful mountain community in San Diego's East County. Neighboring towns include Potrero, Tecate, Boulevard, Jacumba and Pine Valley.

The store carries a wide variety of products to satisfy the needs of its customers including a full range of hardware, building materials and animal feeds. The established and growing customer base includes homeowners, building contractors and ranchers as well as several government agencies such as the Border Patrol.

East County Lumber's closest competitor is over 35 miles away and the nearest Home Depot or Lowe's is about 45 miles away. The business has been consistantly profitable since its founding in 1976 and its annual revenue growth has averaged 9% since 2000. The business has been resilient during the current economic downturn due to the diversity of its product offering and customer base.

The business operates in a 9,000 sq ft building with ample parking and additional fenced outdoor space. There are several immediate opportunities for business growth and expansion and improved operating margins including equipment rentals, expanded hours, home project bidding, .

The business is for sale due to the owner's decision to retire. The sale price includes ~$180k inventory, vehicles and other fixed assets valued at ~$50k. This is a fantastic opportunity to take over an established, successful business with huge upside potential. Seller will finance up to 25% of the purchase for qualified buyer.

Property information

Real Estate:

Lease

Lease terms:

Lease available or business can be moved to new location.

Leasehold rent:

$24,000 per annum

Location:

Downtown Campo, CA near intersection of Hwy. 94 and Forrest Gate Road. Location is near Post Office, Fire Station and Community Center.

Premises details:

9,000 sq ft building with three offices, warehouse and gated outside area.

Size in square feet:

9,000

Other information

Expansion potential:

Significant opportunity for revenue growth via additional products and services: equipment rental, horse tack, contruction project bidding and expanded open hours.

Competition / Market:

None within 30 miles. No big box for over 40 miles.

Support & training:

30-day transition period if desired

Reasons for selling:

Owner Retiring

Trading hours:

Mon-Sat, 8AM - 5PM

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing of up to 25% of the purchase price.

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$180,000 (included in the asking price)

Website:

www.eastcountylumber.com