Retail Hardware Store

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Business Description

PRINCIPALS ONLY!! This client is being represented by an SEC/FINRA registered broker-dealer.

Prominently located on a high traffic road in a rural community with heavy tourist and commercial visitors. Outstanding reputation in the community. Loyal customer base. Excellent vendor relationships. 35-36% gross margins.

About the Business

Location:
Ohio
Year Established:
1973
Number of Employees:
13
Facilities:
7,000 square foot store in excellent condition in the heart of town. Separate 6,000 square foot storage facility nearby holds appliance inventory.
Market Outlook/
Competition:
Sole hardware store within a 10-15 minute driving radius of town.
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About the Sale

Reason For Selling:
Corporate owner focusing on other businesses within portfolio.
Training/Support:
Long time member of a Top 3 Buying Group

Listing Info

ID:
1638501
Ad Detail Views:
0
Asking Price:
$1,200,000

Gross Revenue:
$2,600,000
Cash Flow:
 Not Disclosed
EBITDA:
$257,000
Inventory:
$770,000
included in asking price

FF&E:
$212,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Stephen Hauser

Corporate Finance Associates
License# CRD6375874

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Sponsoring Broker:

Robert P. (Bob) St. Germain
Corporate Finance Associates


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