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Business For Sale

Well Known Profitable Hardware Business

Bergen County, NJ, USA

Retail: Hardware Stores, Garden Centers

Asking Price:
Year Established:
Employees:
Listing Number:
$250,000
1980
2
826327474
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$700,000
Not Disclosed
$149,000
Not Disclosed

Business for Sale Overview:

This hardware business has been flourishing for 28 years and is part of one of the well know hardware cooperatives. The present owner is absentee and lives 800 miles away. The present manager has been with the business for 20 years and would like to stay on. The seller's cash flow is separate from what the manager gets paid. 85% of business is commercial which is why it closes each day at 5:00pm. Its customer base is loyal due to the large variety of inventory and friendly service. This hardware business also has a lucrative window screen repair service. The present owner owns the real estate and is willing to give a long term lease to a buyer.

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:

6,000 square feet (4,000 square feet retail / 2,000 square feet warehouse) on high traffic road.

Market Competition and Expansion:

No other hardware store in same town. Due to variety of inventory and service competes very well with big box retailers. Absentee owner. So an active owner should be able to expand business with focus on marketing. Opportunity to add equipment rental business. Very lucrative.

Reason for Selling:

Retirement

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.

Additional Information

Well Known Profitable Hardware Business
Business Listed By:
Howard Greenberg
AJR Business Advisors
contact the seller
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