Local Hardware with Equipment-$400K inventory incl

Tulsa, OK
Tulsa County

Tulsa Area

Asking Price: Annual Revenue:
$559,000 $900,000

Retail: Hardware, Bldg. Materials, Garden Center

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RE: Local Hardware with Equipment-$400K inventory incl Broker: P Michael Veltri
Owner Financing is Available!

Quick Facts

Asking Price: $559,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 995439896
Broker Reference #: 6953-109782

Email or Print Listing

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Business Overview:

A well-established hardware, lumber and equipment rental business is available for a turnkey transaction. The business offers a variety of services and products, including paint, electrical, lumber, and weekly tool/equipment rentals. It is in an ideal location for continued growth without any presence of the big box competitors. The owner can remain competitive on price and focuses on excellent customer service which has resulted in satisfied customers and consecutive yearly increases in sales and profits. General contractors are a big source of repeat business consistently purchasing materials for their projects.

The current owner spends approximately 25 hours/week in the business, but with 3 full-time employees this can easily be scaled up or down as needed. The 8,000 sq ft property is also available for purchase making this multi-faceted investment opportunity. The balance sheet has great asset value ideal for a bank lender to loan on.

Key Aspects
+ Turnkey transaction
+ Knowledgeable staff
+ Real Estate available
+ Lack of competition in immediate area allows store to capture and hold market share.

+ Grow equipment rental selection
+ Develop and grow relationships with contractors and construction companies
+ Increase social media and online presence

Shareholder Objectives
+ The owner is selling the business to focus on other construction-type interests. They are committed to a smooth transition and will be available to assist a new owner however needed.
+ Owner would utilize this business for future material purchases and remain a consistent source of revenue for new owner.
A sample of 20 SKUs were compared to that of the nearest Lowe's. This business was the same price or lower on all 20.

Ideally located 10 miles away from the nearest big box competitor without much area to enter.

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Reason for Selling:


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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