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Business For Sale

ACE Hardware & Mercantile Well Established

Myrtle Creek, OR, USA

Retail: Hardware Stores, Garden Centers

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,350,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1951
7
218515035

Business for Sale Overview:

Summary Description: Well established name brand Hardware and Mercantile business with real estate in Southern Oregon. Featuring hardware and general merchandise, the store has been in operation since 1951. Started as a "Western Auto Store" and converted to an ACE Hardware in 1982. Store is a retail anchor for down town area serving the local and surrounding areas. The building is well built, in good condition and has had many upgrades. Town: This business is located in a town right on I-5 in Southern Oregon, half way between Medford and Eugene. You are two hours from the Ocean, two hours from Skiing, three and one half hours from Bend and the great Central Oregon resorts. You are also only one and half hours from Crater Lake National Park. Right in your back yard is great hunting and the great steelhead and salmon fishing in the Umpqua rivers. This is one of the nicest moderate climates in the United States, with four definite seasons.

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.

Property Features and Assets:

Facilities: The main store building is 11,000 sq. ft. with additional small mezzanine and a 2,500 sq. ft. basement. The location fronts first street for a full city block and down two side streets. The back of the store is wide open for unloading of semi trucks with merchandise. Also behind the store is the local post office where everyone comes to pick up their mail. There's ample parking, with a 22 X 36 foot Green House built in 2004. On another piece of property within 500 feet is a warehouse that is 3,200 sq. ft. plus a 1,600 sq. ft. mezzanine for a total of 4,800 sq. ft. of storage built in 1995.

Market Competition and Expansion:

Competition: There's is very little competition in the immediate area. The store anchors downtown business sector. It is a major retailer of hardware, paint, home furnishings and appliances, sporting goods, electrical and plumbing supplies, lawn and garden products, housewares, toys, small appliances and much more.

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.
 

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