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Hardware & Supply
| Asking Price: | $4,000,000 | Inventory: | |
| Gross Revenue: | $3,500,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: owner will provide | |||
Prime location with room to expand the products offered. This is the only hardware store in miles so there is no competition. The business has had a growth of 21.7% over last year and net profit margin is 12%. This is a lucrative opportunity for someone to explore the growing needs of the area with expansion into related products lines that can grow the bottom line. The time is right and with the owner retiring the potential is there with several avenues to explore.
Bring this to the next level of service the community is expecting to meet their needs and you will be a reckoning force for any competition that comes into the area. Call today for all the details.
Bring this to the next level of service the community is expecting to meet their needs and you will be a reckoning force for any competition that comes into the area. Call today for all the details.
About the Business
Year Established:1974
Employees:22 full time - 1 part time
Franchise:Yes
Facilities:The building and land is owned with options to be leased or sold with the business. There are 5 buildings involved in the 37000 sq. ft. on 2.1 acres. The buildings involved are; a)storage building, b)repair shop, c)garage storage, d)manufacturing shop for roofing and siding, e)20,000 sq. ft. of retail space.
Market Outlook and Competition:There is no competition.
Growth and expansion could be obtained by adding a lumber yard and related products. This would be a big profit center since there is no competition in the area for lumber. Landscaping products, including plants and landscaping service would be a great diversification for expansion of this hardware and supply company.
About the Sale
Reason For Selling:Retiring
Seller Financing:none
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State: West Virginia
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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