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Business For Sale
HARDWARE STORE
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Asking Price: |
$600,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Hardware Stores, Garden Centers
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Reason for Selling:
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Other interests. |
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Year Established:
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1948 |
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Yearly Cash Flow:
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$380,000 |
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Yearly Gross Income:
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$780,000 |
Business for Sale Overview:
This hardware store in business for over 60 years, is in a busy mall that has regular heavy traffic. There are over 100 corporate accounts that account for approximately 40% of the business. No national or chain stores are located in the area which indicates no competition. The nearest competition is over 7 miles away. If the new owner is on the site regularly, business will be increased substantially.
Property Features and Assets:
Store front in a busy mall. Two story building with additional storage in back yard, plus full basement.
Market Competition and Expansion:
Business can be expanded/grown with advertising, alliance with local contractors, and owner being at store, now absentee owner.
Additional Details:
- The property is leased.
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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