Highly Successful Hardware Store, 45 Yrs in Bus, Greater Baton Rouge

Asking Price$1,060,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$300,000
Included in asking price
FF&E$50,000
Included in asking price
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Highly Successful Hardware Store, 45 Yrs in Bus, Greater Baton Rouge


Asking Price$1,060,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$300,000
Included in asking price
FF&E$50,000
Included in asking price

Seller Financing Available
Business Description
Hardware Store for sale in the Greater Baton Rouge, Louisiana area. Store has been successful for over 45 years and is now being offered for sale, exclusively by its owner. The store is profiting an average of $200,000/yr. It’s being sold for the owner to retire and be able to travel more. Owner will provide the highest level of training and consultation for owning and operating this simple, lucrative business.

Terms of sale:
- There will be no broker and broker fees associated with this sale (a $100,000 savings)
- Sale Price is firm: $1,060,000
- Owner Financing is possible with 50% down (terms at the discretion of seller)
Number of Employees:
- 2 Full Time
- 2 Part Time (only two employees necessary to run the store day to day)

Facilities:
Facilities are rented. This business has existed successfully at location for over 45 years

Consists of a single building of roughly 6000 square feet, and more than enough parking.

General Information:
This is the type of business that anyone, committed to themselves, will be successful in. The reason is because, the business is, and always has been successful. It’s buying a business that “just works”. This ad is written by the current owner and seller. If you are interested, I will be the one training you. Your due diligence, prior to buying, will be the easiest evaluation you have ever done. Unlike most all business evaluations, every dollar of revenue, expense, and profit has been documented on a daily basis during the years operated by me, the seller.
About the Business
Years in Operation
46
Employees
4 (2 Full-time, 2 Part-time)
Easy operation with only two daily employees.
Facilities & Assets
This store is a substantial size, at 6000 sq ft. The facility is leased with over five years remaining. Lease is renewable. Plenty of available parking.
Market Outlook / Competition
This business is located in a new and growing area, unlike typical older hardware stores. It has that "Classic Feel" with thriving surrounding growth.
Opportunities for Growth
There are certainly growth opportunities, but focusing on what we do best will be reward enough. (Expansion opportunities could be in outdoor gardening, lawn care power equipment, paint mixing, and more.)
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,000
Rent
$4,750.00 per month
Lease Expiration
5/31/2031
About the Sale
Seller Motivation
Seller is ready to travel.
Transition Support
As the seller is highly interested in continuing decades of success for the new owner, all operational secrets will be shared. There should be no concern about receiving adequate training. It will be provided with on-going consultation as needed.
Financing Options
Seller financing is possible with 50% down
Listing Info
ID
2484729
Listing Views
14

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Business Listed by: Hargrim Pilvey

Listing ID: 2484729 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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