High Traffic, Profitable Hardware Store

Not Disclosed, MN


Asking Price: Annual Revenue:
$154,900 $585,142

Retail: Hardware, Bldg. Materials, Garden Center


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RE: High Traffic, Profitable Hardware Store Broker: Robert Warrick

Quick Facts

Asking Price: $154,900
Annual Revenue: $585,142
Net Profit: Not Disclosed
Cash Flow: $93,370
Total Debt: Not Disclosed
FF&E: $110,000
Real Estate: Not Disclosed
Year Established: 1929
Employees: 6
BBN Listing #: 522228483
Broker Reference #: 11053 RW

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Business Overview:

Great Opportunity for Qualified Buyer! Seller and SBA Financing Available. High traffic, profitable, neighborhood hardware store, conveniently serving homeowners and businesses in St. Paul, MN. Store front street handles 30,500 cars per day with local neighborhoods offering strong foot traffic as well. Excellent growth opportunity! Store is well positioned for new owner to bring an on-line buying presence, advertising , loyalty programs as well as social media interactions. Commercial business accounts is another growth area given it's close proximity to many local businesses. The iconic building has been a hardware store for over 80 years, providing a nostalgic history matched with a reputable brand. Business comes with a select number of strong, commercial account relationships. Inventory to be sold with other business assets. Total inventory not to exceed $200,000. For more information, please contact Bob Warrick.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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