Hardware Store, Established & Profitable
|Catylist Listing ID:
Home and Garden
|Building Size (RSF):
||$450,000 - 650,000
|Name of Establishment:
|Year Business Established:
|Cash Flow Type:
||Sellers Discretionary Earnings
||Cash to sellers at closing.
Overview / Comments
Hardware stores serving rural markets are in demand. They make great family businesses. Offered is a community hardware store in a great location. This business offers a full selection of home, garden, hardware items, and a lot more to a very loyal customer base.
This business can be purchased without the real estate at a price of $450,000. Sellers are willing to sell the real estate for $250,000 or will lease.
Full business opportunity details can be founded at http://www.bizbuysell.com/brokers/Listings/BuyerBlast/Upsell.aspx?Q=1242052
||Hardware and DIY Retailing
|Reason for Selling:
||Retirement to enjoy grandkids.
|Value of Inventory Included ($):
|Value of Furniture, Fixtures, and Equipment ($):
|Value of Real Estate Included ($):
|Real Estate Lease Description:
||Sellers are willing to lease for an initial term of 5 years at $3,000 triple net. Lessee will be responsible for all maintenance except the roof, which sellers will maintain. Lease purchase is also a possible.
||Currently family run with two additional fulltime employees and seasonal part-time.
|Mgmt/Training Support Description:
||Will assist new owner in transitioning and introduce to vendors and supplier representatives.
||This store location enjoys little competition due to its convenience to D-I-Y customers and distance from any significant competitors. It has exceptional ingress and egress as well as abundant parking. No need to fight big crowds or long waiting lines.
||Several opportunities exist to boost sales. As is many times the case, the current owners have not embraced or implemented technology or internet and social media capabilities to attract customers. Merchandise can be reconfigured to drop less profitable items and add new merchandise and/or departments. Examples would include expanding wine and beer making supplies, beekeeping supplies, etc.
|Seller Financing Description:
||Perfect candidate for SBA financing.
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