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Business For Sale

NW Alabama Ace Hardware Store

Northwest, AL, USA

Retail: Hardware Stores, Garden Centers

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$415,000
$589,433
Not Disclosed
$47383
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1962
4
5114622
Owner Financing is Available

Business for Sale Overview:

Ace Hardware Store located in NW Alabama offering a full line of hardware and building products under the Ace Hardware Franchise name. The Company carries a full line of hardware and consumer goods, including paint, small appliances, lumber, plumbing and electrical supplies. As many of the customers are rural residents, the inventory has been skewed to cater to those consumers. The business offers the following: • A full line of brand name merchandise and hardware • Ace paint center • Pool and Spay supplies and chemicals (the only pool supply in the area) • Spa and hot tub sales and service • Large inventory of lumber and plumbing supplies • An extensive line of products specifically branded for Ace The Business was started in 1962 and in 2004, the owners did major and extensive improvements on the building, both inside and outside with new signage, shelving and display areas Ace Hardware became a retailer-owned cooperative in 1976, and is consistently recognized as the top hardware co-operative. As of year-end 2008, Ace encompassed a worldwide network of over 4,500 stores that generate over $12 billion dollars in retail sales. Each store is independently owned and operated. A new owner must be approved by Ace. Under the current ownership, the revenues have been very consistent year in, year out. This is a terrific testament to the store’s role in the community. The inventory valued at $227,000 is included in the purchase price. The business occupies approximately 10,000 square feet of showroom and covered warehouse, plus a 2,100 SF shed in the back. It has a drive-in area in the rear for loading.  The real estate valued at $200,000 is available for lease or purchase.

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.

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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