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Business For Sale

Long Established Retail Hardware Store

Albany Area, NY, USA

Retail: Hardware Stores, Garden Centers

Owner Financing is Available
Limited seller financing is available to qualified parties.
Asking Price:
Year Established:
Employees:
Listing Number:
$275,000
1950
15
300426102
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,278,000
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

This business is a full service retail hardware and home improvement center. The store is attractive, well merchandised and impeccably kept by the owner and his staff. The business boasts a wide selection of hardware, house wares, home improvement, lawn and garden, seasonal, and gift items. Of particular note is the business is an authorized dealer of the Benjamin Moore paints, Yankee Candle products and Carhart apparel.

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 occupies approximately 16,800 square feet of prime retail space in a vibrant strip shopping center located on heavily trafficked ( nearly 30,000 cars per day) roadway. Customer parking within the plaza is ample, well paved and lighted. The owner is in the process of improving the visibility of the business by undertaking a major improvement of the fa ade of the business. This new fa ade will be completed by the Fall of 2009. The owner is willing to negotiate a favorable long term, triple net lease with the new owner of the store.

Market Competition and Expansion:

Several opportunities to grow the business exist for new ownership. Some possible opportunities would be to expand the paint department, expand the plumbing department, aggressively pursue contractor sales and target industrial and municipal business accounts via an outbound sales effort.

Reason for Selling:

Owner has other business interests.

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

Long Established Retail Hardware Store
Business Listed By:
Carl J. Cusano, MBA
Capital Business Advisors, Inc.
contact the seller
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