Long Established Hardware Store In Ormond-by-the-Sea, Fl

Asking Price$199,900

Cash Flow
$75,350
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$325,000

Inventory$100,000
Not included in asking price
FF&ENot Disclosed

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Long Established Hardware Store In Ormond-by-the-Sea, Fl


Asking Price$199,900

Cash Flow
$75,350
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$325,000

Inventory$100,000
Not included in asking price
FF&ENot Disclosed

Business Description
KNS Hardware stands as a testament to the enduring value of a community-centered business. For over two decades, this premier hardware store has been a cornerstone of the Ormond beachside peninsula, offering a wide array of products and services. From the smallest nuts and bolts to custom mixed paints, key cutting, and essential plumbing and electrical supplies, KNS Hardware has met the diverse needs of both local residents and visitors. Its unique location—being the sole provider for 11-miles on the peninsula and over 4 miles from the nearest mainland competitor—has cemented its status as a vital resource in the area. As the current owners prepare to retire, this turn-key operation presents a remarkable opportunity for an entrepreneurial individual to continue a legacy of success and community service.
About the Business
Years in Operation
21
Number of Employees
5
Facilities & Assets
Direct S.R. A1A frontage in north Volusia County with high visibility in primarily residential area. Abundant shelving, display racks, and counter space.
Key Cutting Machine
Paint Mixer
Ample Inventory allowing for immediate turn-key operations.
Market Outlook / Competition
Limited competition.
Business is located on the barrier island.
The nearest hardware store on the barrier island is 11 mile away.
The nearest hardware store on the mainland is over 4 miles away.
Opportunities for Growth
Growth opportunities by supplying power tools, lumber products and increasing online presence. Increasing hours of operations.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,200
Rent
$2,800.00 per month
About the Sale
Seller Motivation
Owners retiring
Transition Support
Training and Support is negotiable
Listing Info
ID
2255922
Listing Views
1992

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Business Listed by: Beau Warren Realty Pros Commercial

Listing ID: 2255922 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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