Ace Hardware - El Paso For Sale

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Business Description

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 given@libertyexchange.com.

About the Business

Location:
El Paso, Texas
Year Established:
1980
Real Estate:
Owned
Facilities:
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)
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Owners have been running this business for 37 years and wish to retire.
Training/Support:
Significant training will be provided by current owner.

Listing Info

ID:
1418049
Ad Detail Views:
982
Asking Price:
$300,000

Gross Revenue:
$1,880,463
Cash Flow:
$145,330
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$494,000
not included in asking price

FF&E:
$200,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Tom Given

LibertyExchange.com Network

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Report an Issue 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 & Conditions.