Asking Price: $1,730,000 ($750,000 Business + $980,000 Real Estate)
– Business Type: Retail and E-Commerce Business
– Location: Savannah, GA
– Year Established: 1998 Established business with a loyal customer base
– Operations: Monday to Friday: 7:00 AM – 5:30 PM; Closed on Saturdays and Sundays
A Rare Opportunity in Savannah’s Growing Market
Are you ready to own a well-established, profitable business in one of the fastest-growing areas of the Southeast? This exceptional e-commerce and brick-and-mortar retailer has been serving Savannah’s contractors, woodworkers, and DIY enthusiasts for over two decades with consistent profitability and a stellar reputation. This opportunity includes the business itself, as well as two prime real estate properties, making it a turnkey investment for the right buyer.
Why This Business Stands Out
This well-respected retailer offers premium brands including Bosch, DeWalt, Makita, JET, and Powermatic – catering to both professionals and serious hobbyists. – With approximately $200,000 in inventory and $1,366,305 in gross 2024 revenue, this business provides a solid foundation with significant room for growth.
Features:
– Established Customer Base: Known for excellent service, the business attracts a loyal customer base from do-it-yourselfers to large contractors. Contractors, builders, and DIY enthusiasts who return again and again
– Strong Market Position: Benefits from Savannah’s growing economy, port growth, and local manufacturing expansion.
– Diverse Product Range: Offers a broad selection of power tools and hardware supplies from top brands.
– E-commerce Integration: Boasts robust online sales, providing additional revenue streams and reach. Current online presence with opportunity for significant expansion
– Competitive Pricing: Maintains competitive prices while fostering strong relationships with suppliers.
The store enjoys:
– Strong Seller’s Discretionary Earnings: $105,504 annually (not including $90,000 annually in rent paid to self)
– Exceptional Online Reviews: Customers praising knowledgeable staff
Complete Real Estate Package
This turnkey opportunity includes:
– Strategic Location: Easily accessible from I-95 and I-16 in the growing Savannah metro area
– Main Building: Spacious retail store with ample display area ($900,000)
– Additional Lot: Valuable land for potential expansion ($80,000)
– Prime Location: Positioned along a major commercial corridor
Currently, the business pays $90,000 annually in rent, meaning immediate positive cash flow when purchasing both the business and real estate together.
Perfect Timing in a Growing Market
Savannah’s continued growth from port expansion and manufacturing investments creates a stable revenue base for retailers in the area. Furthermore, this business is positioned to benefit from:
– Increasing construction activity in the region
– A growing population of homeowners undertaking renovation projects
– Steady demand from professional contractors
Ideal Buyer Profile
This opportunity would be perfect for:
– An entrepreneur with retail or hardware experience
– A current contractor or tradesperson looking to expand into retail
– An investment group seeking a stable business with real estate
– A corporate professional seeking independence and work-life balance in beautiful Savannah
Attractive Financing Options
Qualified buyers may be eligible for SBA financing with:
– Up to 20-year terms for the combined business and real estate
– Competitive interest rates
– Lower down payment requirements than conventional financing
Broker’s Opinion of Value:
Best Business Brokers (B3) has conducted a thorough analysis, valuing the business at approximately $750,000, including about $200,000 in inventory. The main real estate property is valued at $900,000, with an additional $80,000 for the back lot, totaling $1,730,000 for both business and real estate.
Financial Highlights:
– 2024 Gross Revenue: $1,366,305
– Seller’s Discretionary Earnings: $105,504 (not including $90,000 annually in rent paid to self)
– Stable Market Conditions: Savannah’s growth supports a stable revenue base for retailers.
– Financing Opportunities: Eligible for a 20-year SBA loan to make this dream a reality.
Why Buy an Established Business?
As Dean Burnette often says, “When you purchase an established business, you’re buying years of customer goodwill, proven systems, and immediate cash flow.” This business offers all three, with a reputation built over two decades of exceptional service to the Savannah community.
Next Steps
This opportunity won’t last long in today’s market. Serious inquiries only, please. To learn more:
1. Complete our Confidentiality Agreement Buyer Registration form
2. Sign our standard NDA to protect the seller’s confidentiality
3. Schedule a consultation with our experienced business broker
For more details or to schedule a confidential consultation, reach out to Dean Burnette, GA RE Lic#335135 at Best Business Brokers (B3).
Call us at (912) 247-3209 or email dean@b3brokers.com.
Best Business Brokers (B3) GA Lic #H-65133
Members of the Georgia Association of Business Brokers (GABB), Real Estate Commercial Alliance (RCA), Georgia Association of Realtors (GAR), and the National Association of Realtors (NAR)
Serving The Southeast US, including Savannah, Atlanta, Macon, and Charleston
Phone: (912) 349-0940
Email: info@b3brokers.com
Website: https://b3brokers.com
At B3 Brokers, we understand the unique challenges of business transitions. With decades of experience serving Savannah, Charleston, and the Southeast, we’ve helped hundreds of buyers and sellers achieve their dreams. This retailer represents a rare opportunity to acquire both a profitable business and valuable real estate in one of America’s most charming cities.
When only the best will do, choose B3 Brokers. Your future starts here!
Listing ID: 1700
