Old School Queens Hardware Store

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Location, Inventory, Management all in place - Just turn the key
Asking Price:
$600,000

Gross Revenue:
$700,000
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$350,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Neighborhood mainstay. Busy street, corner property on the Queens Long Island Border with steady revenue. Family owned for over 30 years and now ready for the next generation. $250,000+ in inventory, fully catalogued and organized. On site parking and low rent add to the value. The store is perfect for someone that loves the nuts and bolts of the hardware biz and wants to walk into a turn key operation...and yes they make keys too. Owner will be retiring and leaving in place a dedicated staff. He will offer training as well to help in the transition. They are fully staffed, yet the payroll expense is under control. A main street business with meticulous books and a stellar reputation. This biz is too good to pass up.

About the Business

Location:
Queens County, New York
Number of Employees:
7
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About the Sale

Reason For Selling:
retiring

Listing Info

ID:
1615047
Ad Detail Views:
590

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Business Listed by

Tom Gesimondo

Transworld Business Advisors

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