Business for Sale Overview:
Owner ready to retire! Great business in a small southern Oregon town on I-5. If you know the small business world and don’t mind working this could be the business for you. Business is built on complete customer service open to the public 7 days a week. Business has been in place since 1951 and been run by a family for 2 generations. The third generation is not interested in running the business. One half of the store uses ACE Hardware as a major vendor. The other half of the store is stocked with furniture off the west coast. The store sits on a full city block with parking. The main building is 11,000 Sq. Ft. with a quarter basement. A new Greenhouse (800 sq. ft.) was built within the last 3 years. A 4,800 sq. ft. warehouse sits within 100 yards of the main store and was built within the last 12 years. Buildings and land are 100% owned by the owner and are free and clear of all debts. All taxes are paid until November 2010. Owner will carry building and land on contract with a good amount down plus a tempting interest rate. Store is fully stocked with a very large inventory. Furniture could be liquidated and more ACE Hardware inventory could be brought in. ACE Hardware would be happy to work with you. Owner will carry a loan Amortized over 30 years with a balloon payment at the end of 10 years. If a person puts $400,000.00 or more down on the buildings owner will carry at two percent. Main Building, greenhouse, warehouse and land are lumped together as a unit and will not be broken up. Cost 900,000.00
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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.