Hardware Store - Established for 50 years

Not Disclosed, MN
Ramsey County


Asking Price: Annual Revenue:
$150,000 $448,858

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Hardware Store - Established for 50 years Broker: Peggy Scheeler

Quick Facts

Asking Price: $150,000
Annual Revenue: $448,858
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1966
Employees: 10
BBN Listing #: 925840231
Broker Reference #: 8257

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Business Overview:

This is a full-service old-fashioned, hardware store, independently owned. Twin Cities – established about 50 years ago by the current owner. The store has been in the same location and in a great neighborhood. The customer base is loyal, and they have many repeat customers. The business sells household hardware, fire safety, garden and lawn equipment, hand and power tools, plumbing and electrical supplies, paint products, and cleaning supplies. They have a window and screen repair department, and in addition they offer equipment rental to their customers. The store hours are Monday – Friday 9 am to 7 pm, Saturday 9 am to 5 pm, and Sunday 10 am to 4 pm. This is a well-run business.

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Property Features and Assets:

The business occupies 2,800 square feet. The seller owns the building and the real estate. The building is for sale for $475,000.

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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