Turnkey Hardware Store w/ Real Estate - Established & Profitable
Business Description
TURNKEY HARDWARE STORE WITH REAL ESTATE - ESTABLISHED & PROFITABLE
Rare opportunity to acquire a well-established hardware and building materials business in the heart of the Adirondacks. This income-producing, fully operational store has served the Star Lake community for multiple generations, building strong customer loyalty and consistent demand.
BUSINESS OVERVIEW:
Prime location on State Highway 3 with high visibility storefront serving year-round residents, seasonal visitors, contractors, and municipal institutions. The business operates as an essential community resource with limited local competition and established vendor relationships.
PROPERTY DETAILS:
- Multi-building property spanning 5 parcels (11,869 sq ft)
- Real estate included in sale
- Multiple storage/warehouse buildings
- Lumber yard and garage facilities
- On-site apartment for additional income potential
- Two areas of deeded lake access
FINANCIAL HIGHLIGHTS:
- Asking Price: $1,750,000
- Substantial inventory included
- Multiple income streams from retail sales and potential rental income
- Consistent revenue history with growth potential
GROWTH OPPORTUNITIES:
- Expand operating hours including weekends
- Earlier weekday opening to serve contractors
- Enhanced product lines and merchandising
- Online sales platform development
- Rental income from attached apartment
The current owner is retiring after a successful long-term tenure and will provide training support to ensure smooth transition. Existing employees may continue with new ownership. This turnkey operation includes equipment, inventory, real estate, and established business relationships.
Detailed financials available to qualified buyers. Corporate name not included in sale.
Ideal for an entrepreneur seeking an established business in a scenic location with strong community ties and proven profitability.
Rare opportunity to acquire a well-established hardware and building materials business in the heart of the Adirondacks. This income-producing, fully operational store has served the Star Lake community for multiple generations, building strong customer loyalty and consistent demand.
BUSINESS OVERVIEW:
Prime location on State Highway 3 with high visibility storefront serving year-round residents, seasonal visitors, contractors, and municipal institutions. The business operates as an essential community resource with limited local competition and established vendor relationships.
PROPERTY DETAILS:
- Multi-building property spanning 5 parcels (11,869 sq ft)
- Real estate included in sale
- Multiple storage/warehouse buildings
- Lumber yard and garage facilities
- On-site apartment for additional income potential
- Two areas of deeded lake access
FINANCIAL HIGHLIGHTS:
- Asking Price: $1,750,000
- Substantial inventory included
- Multiple income streams from retail sales and potential rental income
- Consistent revenue history with growth potential
GROWTH OPPORTUNITIES:
- Expand operating hours including weekends
- Earlier weekday opening to serve contractors
- Enhanced product lines and merchandising
- Online sales platform development
- Rental income from attached apartment
The current owner is retiring after a successful long-term tenure and will provide training support to ensure smooth transition. Existing employees may continue with new ownership. This turnkey operation includes equipment, inventory, real estate, and established business relationships.
Detailed financials available to qualified buyers. Corporate name not included in sale.
Ideal for an entrepreneur seeking an established business in a scenic location with strong community ties and proven profitability.
About the Business
- Employees
- 2 Full-time
- Currently Home Based
- Yes
- Facilities & Assets
- Commercial building configured for retail hardware store operations with ample showroom and retail floor space, 3 large buildings for lumber and construction materials, garage, basement for inventory storage, attached apartment, on site parking, office space. Property provides flexibility for future use, expansion or reconfiguration. All assets necessary to operate the business are in place.
- Market Outlook / Competition
- Demand remains consistent for homeowners, seasonal residents, contractors and municipal institutions. Competition is limited.
- Opportunities for Growth
- Growth potential through expanded hours, being open on weekends as they currently are not. Open an hour earlier on weekdays to accommodate contractors, expanded product lines/services, online sales, rental income from attached apartment.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 11,869
About the Sale
- Seller Motivation
- Owner is retiring after long, successful tenure and is seeking a buyer to contin
- Transition Support
- Owner is willing to help train the new owner. Also employees may be willing to stay.
Listing Info
- ID
- 2487813
- Listing Views
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2487813 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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