Commercial & Retail Hardware Supplier, with Inventory & Real Estate

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Asking Price:
$375,000

Gross Revenue:
$491,946
Cash Flow:
$57,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$250,000
included in asking price

FF&E:
$35,000
included in asking price

Real Estate:
$126,000
included in asking price

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Business Description

This business has many income sources in this market-leading, proven 110 year old independent hardware/retail hardware and industrial contractor supply warehouse including U-Haul, firearms, professional grade Milwaukee Power Tool Distributor, Pratt & Lambert exclusive paint distributor, glass cutting, plumbing and pipe threading, roof coating, fasteners, electric, lawn and gardening, hand tools, yard tools, grass/garden/fertilizer, etc.,

North Central Ohio community surrounded by two additional large metropolitan areas totaling approximately one million populous. Real Estate is included in sale combining an all brick three story, 12,500 SF building with an extra parking lot and alley totaling three parcels priced at $126,000. Well-trained staff with $491,946 in gross revenue, $57,000 in seller discretionary cash flow, $250,000 in inventory, $35,000 furniture, fixtures, equipment, priced to sell at only $249,000.

Business price of $249,000, Real Estate price of $126,000 for a total of $375,000 with potential 50% seller financing if approved. If you have been looking for an established and validated multi-income source independent commercial hardware business with Real Estate included, check this one out.

The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice.

The real estate is presented by EMMCO Realty Group, Coldwell Banker.

About the Business

Location:
Ohio
Year Established:
1908
Number of Employees:
4 FTE
Real Estate:
Owned
Building Sq. Ft.:
12,500
Facilities:
Included in sale price
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will negotiate a transition period
Seller Financing:
Seller will consider some financing for a qualified buyer

Listing Info

ID:
1593002
Ad Detail Views:
0

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Business Listed by

Jeffrey Bury

Sunbelt Business Brokers of Northern Ohi

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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.