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$3.7 Million Sales True Value Hardware Store
Seller Financing Available
Asking Price:   $400,000Inventory:   $900,000 **
Gross Revenue:   $3,740,000Real Estate:   n/a
Cash Flow:   $400,000FF&E:   $200,000 ++
++ included in the asking price         ** not included in the asking price
This is a substantial profitable hardware business. Sales of $3.7million generate an operating profit of $400,000. The business is well established, and the association as a True Value Store, a leading name in hardware, is a highly desirable attribute. True Value provides competitive pricing, continuing education and training programs to enhance members businesses.

Those seeking a significant and profitable business in a community know for its outdoor oriented recreational opportunities as well as one which boasts arts and cultural activities will want to consider this opportunity.
About the Business
Year Established:1973
Employees:16 full time - 2 part time
Facilities:The business is situated in a prime commercial location on 1.5 acres. The facility consists of 20,000 sq. ft of retail space, plus there is storage space an office area and plenty of parking. The displays and fixtures are extensive, and an updated computer system and software (cost $60,000) were added recently. The real estate is owned by the owner of the business—a long term lease is available with an option to purchase.
Market Outlook and Competition:There is another significant hardware business as well as building supply businesses. This business competes well and has grown. This is a well operated family business. Improvement can be realized through focusing on achieving higher profit margins, expanding the very profitable rental department, adding new paint lines, and embarking on the “Destination True Value” concept in rearranging displays, as well as reviewing the product mix.
About the Sale
Management Training and Support:The owners will provide training as desirable, and True Value provides superb continual support and training.
Reason For Selling:Having owned the business for many years, the family is ready to move on.
Seller Financing:Seller will consider financing a portion of the sales price.

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Business Listed By
Heidi French  |  Country Business, Inc.
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Industry: Home and Garden

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