Not Disclosed, IA

Asking Price: Annual Revenue:
$1,050,000 $2,086,244

Retail: Hardware, Bldg. Materials, Garden Center

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RE: Grocery/Hardware/Furniture Broker: Dan Bauer

Quick Facts

Asking Price: $1,050,000
Annual Revenue: $2,086,244
Net Profit: Not Disclosed
Cash Flow: $211,343
Total Debt: Not Disclosed
FF&E: $138,090
Real Estate: $911,910
Year Established: 1930
Employees: 21
BBN Listing #: 38224955
Broker Reference #: 5101-17727

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Business Overview:

Grocery Store, Hardware Store and the Furniture Store are all staffed from Management to the part time employees. This would be a great business opportunity for a couple to operate. All facilities have been updated so very little, if any, capital expense needed moving forward.

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Property Features and Assets:

All Facilities have been remodeled from the HVAC to flooring, shelving, fixtures, coolers etc. There was nothing spared when remodeling these facilities. Assets = $1,050,000

Market Competition and Expansion:

The businesses are located in an Iowa town of 1,500 residence. There is room to add additional space for the Furniture and Hardware locations.

Reason for Selling:

Absentee owner of these three businesses.

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.

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