25 Years Strong: Your Turn to Own a Proven, Profitable Hardware Legacy
Business Description
Business Overview:
Decades of Proven Excellence: For over a quarter-century, Rick’s Hardware has been a trusted name in the hardware industry. The company's longevity is a testament to its reliability, transparency, and the deep trust it has earned from both its customer base and its network of suppliers.
Lucrative Niche Market: The business holds a commanding position in the niche market of specialty, period, and vintage hardware. It is the go-to destination for customers seeking obscure or hard-to-find locksmith parts and architectural hardware. This specialization has not only secured a dedicated customer base but also enabled the business to maintain high profitability.
Key Relationships & Reputation:
Major Studios & Celebrity Clientele: Rick’s Hardware has established strong, long-standing relationships with all the major film studios. The company is known for its ability to source and supply stunning, dramatic pieces in a range of architectural styles—from Western and French Normandie to Mid-Century Modern and Adobe—essential for set design and production.
International Supplier Network: The business boasts a robust, cash-based network of vendor relationships spanning the globe, with key partnerships in Japan, India, Hungary, and other international locations. This allows for the efficient sourcing of unique and custom-ordered hardware, a significant competitive advantage.
Unmatched Expertise: At the core of the business is its unparalleled expertise. The owner, Rick, is widely regarded as a legitimate genius in the trade, capable of expertly fixing complex hardware and providing invaluable advice on installation. This level of service has earned the company a reputation for successfully completing jobs that three or more other locksmiths had given up on, further solidifying its market position.
Competitive Advantages:
Rare & Valuable Inventory: The business holds a "goldmine" of vintage hardware, which represents a significant and valuable asset. This curated inventory is a major draw for customers and a barrier to entry for competitors.
Superior Problem-Solving: The company's ability to solve complex hardware problems, as demonstrated by its success with period door sets and specialty replacement parts, is a unique and highly marketable skill set.
Established Processes: The business operates on a cash basis and has a proven process for custom-ordering specialty hardware from overseas, ensuring a streamlined and profitable operation.
Decades of Proven Excellence: For over a quarter-century, Rick’s Hardware has been a trusted name in the hardware industry. The company's longevity is a testament to its reliability, transparency, and the deep trust it has earned from both its customer base and its network of suppliers.
Lucrative Niche Market: The business holds a commanding position in the niche market of specialty, period, and vintage hardware. It is the go-to destination for customers seeking obscure or hard-to-find locksmith parts and architectural hardware. This specialization has not only secured a dedicated customer base but also enabled the business to maintain high profitability.
Key Relationships & Reputation:
Major Studios & Celebrity Clientele: Rick’s Hardware has established strong, long-standing relationships with all the major film studios. The company is known for its ability to source and supply stunning, dramatic pieces in a range of architectural styles—from Western and French Normandie to Mid-Century Modern and Adobe—essential for set design and production.
International Supplier Network: The business boasts a robust, cash-based network of vendor relationships spanning the globe, with key partnerships in Japan, India, Hungary, and other international locations. This allows for the efficient sourcing of unique and custom-ordered hardware, a significant competitive advantage.
Unmatched Expertise: At the core of the business is its unparalleled expertise. The owner, Rick, is widely regarded as a legitimate genius in the trade, capable of expertly fixing complex hardware and providing invaluable advice on installation. This level of service has earned the company a reputation for successfully completing jobs that three or more other locksmiths had given up on, further solidifying its market position.
Competitive Advantages:
Rare & Valuable Inventory: The business holds a "goldmine" of vintage hardware, which represents a significant and valuable asset. This curated inventory is a major draw for customers and a barrier to entry for competitors.
Superior Problem-Solving: The company's ability to solve complex hardware problems, as demonstrated by its success with period door sets and specialty replacement parts, is a unique and highly marketable skill set.
Established Processes: The business operates on a cash basis and has a proven process for custom-ordering specialty hardware from overseas, ensuring a streamlined and profitable operation.
About the Business
- Years in Operation
- 25
- Employees
- 1 (1 Part-time)
Sam their part time employee has been with them for 20 years - Facilities & Assets
- Two lease store front buildings with a multitude and variety of hardware from any era.
- Market Outlook / Competition
- We have absolute market leadership the past 25 years. We are pioneering a category-defining solution and were are established and well known among Major motion pictures and Studio. We also do Multi residential, mansions, estates, commercial etc
- Opportunities for Growth
- We are nation and world wide.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner will stay educate and support the new buyer for minimum of 6 months
Listing Info
- ID
- 2423113
- Listing Views
- 14
Business Location
Listing ID: 2423113 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. See our full Terms of Use. Learn how to avoid scams.
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