Profitable Hardware & Building Supply Store, Great Opportunity

Asking Price$590,000

Cash Flow
$106,678
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,860,881

Inventory$475,000
Not included in asking price
FF&E$205,486
Included in asking price
Real Estate$126,000
Not included in asking price
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Profitable Hardware & Building Supply Store, Great Opportunity


Asking Price$590,000

Cash Flow
$106,678
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,860,881

Inventory$475,000
Not included in asking price
FF&E$205,486
Included in asking price
Real Estate$126,000
Not included in asking price
Business Description
Successful Central Mississippi hardware and building material store. This store serves the local community and the 35-mile surrounding radius. Friendly local staff with a hometown atmosphere. Staff is expected to stay.
About the Business
Years in Operation
100
Employees
9
Facilities & Assets
There is a main hardware store (100 year old building) that is 4660 SQ Ft and three warehouse buildings totaling 8,650 SQ FT included in this sale. There is a fourth warehouse NOT included in the sale, but can be rented if necessary. There are four trucks, a trailer and two forklifts. The inventory is $600,000 on the books, it has not been counted in years. It is estimated to be less than $500,000. Inventory can be counted at time of sale.
Market Outlook / Competition
There is no real competition in this area.
Opportunities for Growth
Possible growth from opening after 5pm to 6 0r 7pm, open Saturday for 1/2 day. Add a website and web sales.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
4,660
About the Sale
Seller Motivation
Retirement
Transition Support
As agreed to in the purchase agreement.
Listing Info
ID
2353068
Listing Views
495

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Business Listed by: Steve Floyd Business Valuations, Consulting, Sales, Funding

Listing ID: 2353068 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.