Seller's Contact Information
- RE: Long-Established Hardware Store In The Midwest
- Contact: Tom Buckley
Quick Facts
Asking Price: | $2,500,000 | |
Annual Revenue: | $5,400,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $230,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 403,300 | |
Real Estate: | $2 | |
Year Established: | 1917 | |
Employees: | 34 | |
BBN Listing #: | 2852743 | |
Broker Reference #: | 13-020 |
Business Overview:
This large commercial business has been around for over 100 years. Known in its market for having hard to find items, they carry a wide variety of hardware and commercial products for individuals and commercial customers.
The store is well known in the entire metro area of the Midwest, for having the best service and most knowledgeable staff around. They are not just about having a lot of products, but to provide solutions to meet the customer needs.
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Market Competition and Expansion:
Competition: All major box stores, and large Ace chain. Growth & Expansion: Has a great commercial business that could be expanded by adding outside sales force. Could increase internet sales with additional marketing.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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