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Arkansas Business For Sale |
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| HARDWARE STORE |
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| Attn: Rick Huntsinger |
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| Northwest Arkansas, AR, USA |
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| Asking Price: |
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$415,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Hardware Stores, Garden Centers |
| Reason for Selling: |
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Family health |
| Year Established: |
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1978 |
| # of Employees: |
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2 Full Time / 4 Part Time |
| Yearly Revenues: |
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$596,135 |
| Yearly Cash Flow: |
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$60,985 |
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Business for Sale Overview:
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Located in northwest Arkansas, this hardware store has served the region for more than thirty years. Their success is a result of good management, concentration on customer service and proper merchandising. There is only one other hardware store in the immediate area and both operations are prospering. This market area enjoyed the steady growth experienced by the national economy. However, it did not experience the radical fluctuations other markets had to deal with. The owner’s successes are not due to any one larger commercial account or massive local development. The steady growth reflects his strategic emphasis on service, price and product. Current demographics suggest this market area will continue to grow at a rate exceeding 3% per year.
Sales in 2006 grew 76% and sellers discretionary earning increased nearly ten fold. 2007 continued that trend with sales nearly reaching $600,000 and discretionary earnings topping $60,000. The owner expects these trends to continue and estimates 2008 sales will reach $671,000 and discretionary earnings exceeding $90,000.
Owner will consider selling real property.
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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