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Business For Sale

Hardware & Appliance Store-Successful, Profitable

County Seat Town, IA

Retail: Hardware Stores, Garden Centers

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$390,000
$314,970
Not Disclosed
$97,833
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$19,230
Not Disclosed
1941
1
434334599

Business Overview:

This life-style business includes a successful, good cash-flowing company and fabulous real estate. The business has been in this smaller Iowa community over 70 years. This owner has operated this business for 7 years and it can be run with a single owner operator. This location is a significant distance from any like competitor. Additionally, a few years ago the Seller added another business segment to their offerings. This segment added over $30,000 to the bottom line in 2010. The location and real estate itself set this business apart even more. First, the community is a county seat town and the building is located right on the town square. Secondly, they have more than enough space for their current business, plus space to grow. What REALLY makes this a life-style business is the fabulous 4,500 sq. ft. luxury home located directly above the business portion of the building. The owner simply walks downstairs to work no time-consuming commute and no travel expense.

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:

The lot is 10,800 square feet with 16,500 square feet of useable business space. A 7 x 5 service elevator is also located in the building. There is a 4,500 sq. ft. luxury home located directly above the business portion of the building. The community is a county seat town and the building is located right on the town square. Inventory valued at $100,000 is included in the asking price.

Market Competition and Expansion:

This hardware business is located in a smaller town and is a significant distance from any other competitor including the big box retail hardware stores. This business could grow by expanding business hours, marketing to contractors, and adding other business segments in the available square footage.

Reason for Selling:

Relocating.

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.