Seller's Contact Information
- RE: Downtown Hardware Store With Real Estate
- Contact: Gene Townley
Business Overview:
Real Estate and Inventory is Valued More Than AskingThis business has been in the family for 2 generations. Lots of hard work has built this business. The owner says it is time to retire. Buy a business that is a staple to the community. They sell tools, hardware, plants, paint, grills and smokers, outdoor items, lawn and garden, building supplies, lumber, plumbing, electrical, and hvac. They are open 6 days a week and have an amazing following in the community. There is room for growth and improvements. The name brand supplier will participate in an upgrade at 50%.
FFE: $50,000
Inventory: $325,000
Land: $275,000
Property Features and Assets:
This building is 2 story and has a gift shop upstairs that comes with the business. The tax value of the real estate which is normally low is $275,000. Wholesale inventory is currently $325,000. Business can sell with or without real estate. Supplier has program to participate with new owner to bring the store up to 2022 and will share 50 % of the cost.Market Competition and Expansion:
Current owner doesn't even have a website for the business. There is a lot of growth that can be achieved by a presence on the web.Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
Opportunity Update!
Exciting update: Downtown Hardware Store With Real Estate has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!