Business Overview:
This Lumber and Hardware store has been run by the same family at the same address since 1957. Located on a major thoroughfare, the business serves a large area of older neighborhoods where fix-up, repair and remodeling projects deliver a steady stream of customers. Strong following from homeowners, contractors and builders with a high level of repeat sales. The high quality service provided by the long-time employees distinguishes this business from the competition. Closest big box hardware store is several miles away. The business offers a full line of lumber, paint, electrical, garden, plumbing, tools, fasteners and other hardware supplies and provides glass cutting, pipe-threading and saw sharpening services. Lumber sales are approximately 40% of revenue and hardware sales are 60%. Store participates in two co-ops which bring national advertising strength, brand recognition, volume purchasing discounts and patronage dividends to the owner. Facilities include nicely laid out retail store and a fully stocked lumber yard. Buyer has the option to purchase or lease the real estate. Do not miss this opportunity to own a hometown hardware store in the heart of a big city.
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:
7,500 square feet freestanding facility.
Market Competition and Expansion:
Improve website.
Increase advertising with co-ops.
Introduce computerized inventory control.
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.