Hardware Store

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Popular Hardware Store
Asking Price:
$975,000

Gross Revenue:
$900,000
Cash Flow:
$230,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$75,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$300,000
included in asking price

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Business Description

Welcome to this friendly neighborhood hardware store. When you walk into this Hardware Store you will notice a clean well-stocked hardware store with organized displays of all the tools and supplies needed to fix most anything. This busy hardware store carries a long list of items; electrical supplies, fasteners, garden seed, fertilizer, pine straw, construction hay, plumbing supplies, hand tools, and much more than this short list. Providing services for its long list of customers and contractors that shop here; small engine repair, propane and kerosene refill, chainsaw and lawn mower blade sharpening, cut keys plus more. This Hardware Store can also provide storage units on site in many different sizes. The current owners have built up this business every year for many years. They have brought sales up to approximately $900,000.00 annually that produces around $230,000.00 in cash flow. Using the point of sale system, they can monitor sales to keep up inventory and restock with frequent shipments of new inventory to maintain these sales numbers. Inventory is around $75,000.00 and furniture fixtures and equipment included is more than $40,000.00. Property is valued at $300,000.00 by county tax records. This business sale includes all inventory, FF&E, the property and buildings and can be making you money from day one of ownership for $975,000.00

About the Business

Location:
Mobile, Alabama
Year Established:
1991
Number of Employees:
4
Real Estate:
Owned
Facilities:
3000 sqft building with additional outside covered storage. Storage units for customers. Large lot included in sales price.
Market Outlook/
Competition:
No competition near by. The nearest big box store is 8 miles away.
Growth & Expansion:
Add services to the existing business as well as expansion of retail material.
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About the Sale

Reason For Selling:
Retitrment
Training/Support:
30 days support and training.

Listing Info

ID:
1616101
Ad Detail Views:
942

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Business Listed by

David Chew

Sunbelt Business Brokers and Business Brokers South

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Sponsoring Broker:

Lanier Chew, CBI
Sunbelt Business Brokers and Business Brokers South
License# 61085


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