Hardware Store 1

Atlanta, GA

Asking Price: Annual Revenue:
$475,000 $665,000

Wholesale/Distribution: Durable Goods

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RE: Hardware Store 1 Broker: Doreen Morgan

Quick Facts

Asking Price: $475,000
Annual Revenue: $665,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $165,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 734044408
Broker Reference #: ATLANGA003-N922

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Business Overview:

Under-capitalized owner forced to sell this brand new intown ACE Hardware location that has everything going for it: 1) Highly desirable, hard to find, intown location. 2) Incredibly favorable lease terms at $11.50 sq. ft. 2) Fantastic demographics: 17,000 homes within 2 miles with an avg. household income of $113k. 3) Above average metrics for a new location: 100 customers a day and growing with an average check of $21.03 4) Loyal customer base happy to have a neighborhood hardware store as evidenced by 75% ACE Reward participation and product mix that proves customers shop for daily consumables. With the heavy lifting and heavy capital outlay in the rear-view mirror, this is an excellent opportunity for a buyer to step in and reap the rewards.

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Reason for Selling:

Owner does not have the financial means to carry the store through the ramp-up period.

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 a franchise resale opportunity.

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