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Business For Sale

HARDWARE STORE

Attn: Bill Busche
Not Disclosed, NC, USA
Listing Number: "4180"
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Asking Price: $480,000 USD USA Dollars
Business for Sale Industry: Retail: Hardware Stores, Garden Centers  
Reason for Selling: Death of owner
Year Established: 1976
# of Employees: 4
Yearly Revenues: $346,040
Yearly EBITDA: $63,748
 

Business for Sale Overview:

The nearest competition for this building supply and hardware store in central North Carolina is 20 miles away. The store specializes in retail sales of lumber and plywood, paint, wall coverings, and general hardware. The company sees little competition and unprecedented customer loyalty. About 90 percent of its customers return multiple times for its friendly staff, outstanding inventory, and personalized service. One employee has been with the company for 20 years and another for 10 years. Employees are incredibly knowledgeable and treat every customer like family. The business has a good profit ratio and potential for growth. Through marketing and networking with local contractors, a new owner has the opportunity to quickly increase the business’ gross revenue. The shop is located in eastern North Carolina and is within driving distances of two international airports. The small, charming town is near major routes such as US 421 and US 64. The business serves a total population of 8,500 citywide and 50,000 countywide.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is 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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