This Ace Hardware store opened in the El Paso area in 1980, has been in business for 37 years, & has been operated by the same owners since its opening. It is easily the dominate hardware store in the part of town it is located and is well known by area residents. This is an exceptional opportunity for someone wanting to get into this industry at a very fair price.
* Sale Price is plus inventory of $494,000.
The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.
The Seller has listed this business to be sold through an asset transaction vehicle and not through a securities transaction vehicle. This is not an offer to sell securities. This is not a solicitation to sell securities.
Listing Broker GBS Business Brokers. For more information, please contact Tom Given, Principal @ 918-585-1900 or email firstname.lastname@example.org.
About the Business
El Paso, Texas
The real estate is owned by the Company’s shareholders and they would be happy to either lease to the current owner at $8,000 per month or they would sell the real estate to the new owner as part of this purchase transaction (real estate is for sale by owner, not by broker). ** The store is well maintained and is approximately 16,500 sq ft (approximately 20,000 sq ft including the warehouse)
The company is the dominant supplier of hardware products in the area it serves.
Growth & Expansion:
Significant potential additional revenue and profits would be realized by adding additional stores. Once the new owner acquires the store, they will be eligible for significant financial assistance from Ace corporate headquarters to expand into other territories. The owner will discuss these opportunities with a qualified buyer.
Owners have been running this business for 37 years and wish to retire.
Significant training will be provided by current owner.
Ad Detail Views:
Asking Price: $300,000 Gross Revenue: $1,880,463Cash Flow: $145,330 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $494,000 not included in asking priceFF&E: $200,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
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