Business Overview:
This is a substantial profitable hardware business. Sales of $3.7million generate an operating profit of $400,000. The business is well established, and the association as a True Value Store, a leading name in hardware, is a highly desirable attribute. True Value provides competitive pricing, continuing education and training programs to enhance members businesses.
Those seeking a significant and profitable business in a community know for its outdoor oriented recreational opportunities as well as one which boasts arts and cultural activities will want to consider this opportunity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The business is situated in a prime commercial location on 1.5 acres. The facility consists of 20,000 sq. ft. of retail space, plus there is storage space an office area and plenty of parking. The displays and fixtures are extensive, and an updated computer system and software (cost $60,000) were added recently.
The real estate is owned by the owner of the business—a long term lease is available with an option to purchase.
Market Competition and Expansion:
There is another significant hardware business as well as building supply businesses. This business competes well and has grown. This is a well operated family business. Improvement can be realized through focusing on achieving higher profit margins, expanding the very profitable rental department, adding new paint lines, and embarking on the “Destination True Value” concept in rearranging displays, as well as reviewing the product mix.
Reason for Selling:
Seeking new ventures.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.