Long Established Retail Hardware Store
| Asking Price: | $275,000 | Inventory: | $450,000 ** |
| Gross Revenue: | $1,278,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This business is a full service retail hardware and home improvement center. The store is attractive, well merchandised and impeccably kept by the owner and his staff. The business boasts a wide selection of hardware, house wares, home improvement, lawn and garden, seasonal, and gift items. Of particular note is the business is an authorized dealer of the Benjamin Moore paints, Yankee Candle products and Carhart apparel.
About the Business
Year Established:1950
Employees:8 full time - 7 part time
Facilities:The business occupies approximately 16,800 square feet of prime retail space in a vibrant strip shopping center located on heavily trafficked ( nearly 30,000 cars per day) roadway. Customer parking within the plaza is ample, well paved and lighted. The has just improved the visibility of the business by undertaking a major improvement of the facade of the business. The owner is willing to negotiate a favorable long term, triple net lease with the new owner of the store.
Market Outlook and Competition:Several opportunities to grow the business exist for new ownership. Some possible opportunities would be to expand the paint department, expand the plumbing department, aggressively pursue contractor sales and target industrial and municipal business accounts via an outbound sales effort.
About the Sale
Management Training and Support:The owner will stay on in a limited capacity for a mutually agreeable period of time to assist new ownership in the transfer of the business.
Reason For Selling:Seller has other business interests.
Seller Financing:Limited seller financing is available to qualified parties.
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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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