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- RE: Hardware Store & Small Engine Repair Business
- Contact: Nick Strandberg
Quick Facts
Asking Price: | $100,000 | |
Annual Revenue: | $1,133,625 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $70,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1975 | |
Employees: | 8 | |
BBN Listing #: | 936662 | |
Broker Reference #: | 11662 NS |
Business Overview:
Buy this business for the price of the fixtures & furniture plus inventory. The inventory is about $365,000 as of March 31, 2025. A physical count will be done by professional inventory counters at the time of closing. The seller only works about 24 hours per week at this store as he has another store up in the northern suburbs that he spends approximately the same amount of time each week with. Because of the proximity of a Walmart store across the street, the inventory mix needs to have more attention than normal because of the potential of more traffic from Walmart provided the hardware store offers inventory that does not duplicate what Walmart has. The margins that the hardware store offers range from 70-80% for nuts and bolts to 18% for Toro, Stihl and Weber Products. The new owner should be full time not only for a number's basis but also to get a real feel for the personality of the store. This is a real owners challenge for an experienced entrepreneur. For further information, please call Nick Strandberg at 612-916-6016 or info@nickstrandberg.com.
Contact the Seller:
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Market Competition and Expansion:
Great opportunities for growth with motivated buyer!
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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