True Value Hardware store for sale
Business Description
Established True Value Hardware Store - Chicago Location
This well-established True Value franchise hardware store presents an exceptional opportunity in Chicago's retail market. Operating continuously since 1962, this business has built a solid foundation with over 60 years of community service and brand recognition.
Financial Overview:
- Annual Revenue: $500,000
- Cash Flow (SDE): $105,000
- Asking Price: $600,000
- Inventory: $95,000 (included in asking price)
- FF&E: $10,000
Location & Facilities:
- Prime 12,000 square foot building
- High traffic, busy street location
- Real estate valued at $400,000 (owned by seller)
- Strategic position with limited big box competition nearby
Business Strengths:
- Established franchise with proven business model
- Solid, loyal customer base developed over decades
- Strong brand recognition in the True Value network
- Comprehensive inventory included in sale
- Experienced owner providing one month of training
Growth Potential:
- Major infrastructure development: New Redline train service and station being constructed just 3 blocks away
- Anticipated increased foot traffic from public transit expansion
- Underserved market with no major home improvement centers in immediate vicinity
- Established customer relationships provide foundation for expansion
This turnkey operation offers new owners the advantage of an established customer base, proven location, and significant growth potential driven by upcoming transit improvements. The retiring owners have maintained consistent operations and are committed to ensuring a smooth transition.
Ideal for experienced retailers or entrepreneurs seeking an established business with strong community ties and growth prospects in Chicago's evolving retail landscape.
This well-established True Value franchise hardware store presents an exceptional opportunity in Chicago's retail market. Operating continuously since 1962, this business has built a solid foundation with over 60 years of community service and brand recognition.
Financial Overview:
- Annual Revenue: $500,000
- Cash Flow (SDE): $105,000
- Asking Price: $600,000
- Inventory: $95,000 (included in asking price)
- FF&E: $10,000
Location & Facilities:
- Prime 12,000 square foot building
- High traffic, busy street location
- Real estate valued at $400,000 (owned by seller)
- Strategic position with limited big box competition nearby
Business Strengths:
- Established franchise with proven business model
- Solid, loyal customer base developed over decades
- Strong brand recognition in the True Value network
- Comprehensive inventory included in sale
- Experienced owner providing one month of training
Growth Potential:
- Major infrastructure development: New Redline train service and station being constructed just 3 blocks away
- Anticipated increased foot traffic from public transit expansion
- Underserved market with no major home improvement centers in immediate vicinity
- Established customer relationships provide foundation for expansion
This turnkey operation offers new owners the advantage of an established customer base, proven location, and significant growth potential driven by upcoming transit improvements. The retiring owners have maintained consistent operations and are committed to ensuring a smooth transition.
Ideal for experienced retailers or entrepreneurs seeking an established business with strong community ties and growth prospects in Chicago's evolving retail landscape.
About the Business
- Years in Operation
- 64
- Employees
- 4 (2 Full-time, 2 Part-time)
- Franchise
- This business is an established True Value franchise
- Facilities & Assets
- Retail hardware store in an established neighbored. Strong and loyal customer base. Off alley loading dock for easy deliveries. Freight elevator for pallets to basement or first floor. Newer twin heating and cooling units on roof. Roof replaced 10 years ago. Slated for Michigan avenue Redline station to be built 3 blocks away. Additional lot next door included for future parking or development.
- Market Outlook / Competition
- No big box home centers near by.
- Opportunities for Growth
- Redline train service and station 3 blocks away being built.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 12,000
About the Sale
- Seller Motivation
- Owners retiring.
- Transition Support
- 1 month training
Listing Info
- ID
- 2465400
- Listing Views
- 14
Business Location
Listing ID: 2465400 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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