Business For Sale

Traditional Hardware Store and Lumber Business

Not Disclosed, NM


Asking Price: Annual Revenue:
$1,500,000 $1,208,608

Retail: Home Improvement


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RE: Traditional Hardware Store and Lumber Business Broker: Roy Huffman
Owner Financing is Available!
Seller is willing to consider financing of the real property for a qualified buyer. Terms to be discussed and negotiated.

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,208,608
Net Profit: Not Disclosed
Cash Flow: $98,235
Total Debt: Not Disclosed
FF&E: $38,657
Real Estate: $950,000
Year Established: 1988
Employees: Not Disclosed
BBN Listing #: 67522743
Broker Reference #: 12-187

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Business Overview:

A traditional hardware/lumber business, founded in 1988 and servicing the community with a great reputation for all those years. Personal and knowledgeable service and trained employees make sure that most conceivable needs of its customers are met and often exceeded. New owners will step into a situation with modern POS, formidable group buying power alongside other members of the nationally recognized co-op. Seller training means that there will be a minimum of disruption when actual change in ownership takes place. Solid employee base has allowed the owners to not be tied to the business on a seven day per week basis.

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Property Features and Assets:

Business is located in affluent suburb of nearby city. Home Depot is 15 miles or more away from the store.

Market Competition and Expansion:

There are several small hardware stores as well as Home Depot and Lowe’s although they are at least 15 miles distant from the business being offered. The company offers traditional hardware items as well as gardening supplies, housewares, lumber and paint, and such other services as pipe threading, key service, screen and glass repair and cutting, etc. The company could expand its organic gardening product line for immediate growth.

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.

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