Business Overview:
This store has a reputation for having a huge inventory, from nuts and bolts to plumbing and electrical, household, garden and seasonal as well. As much as big box stores have a reputation for minimal customer service and employee knowledge, this store is known for helpful, specific, quick assistance on all hardware aspects. Service of small power equipment is a huge plus. Once you see the breadth of the inventory and service department you will see the proof of that this store has one of the top sales and service centers for Stihl in the Midwest. Both residential and commercial customers can rely on quick turnaround of equipment. The amount of inventory on hand is unequaled in other hardware stores.
This is a super opportunity, under one roof, with exceptional proven sales and profits. Because such a large portion of the overall selling price is due to the real estate, lenders will be excited to review this package!
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Property Features and Assets:
The building sits on a 4.24 acre lot and has 17,800 square feet under roof of which 12,000 square feet is dedicated to selling space. The building is concrete tilt-up construction and maintained in near perfect condition. There is a dock door and ramp door for ease of delivery of product.
Market Competition and Expansion:
Competition: This store has a reputation for having a huge inventory, from nuts and bolts to plumbing and electrical, household, garden and seasonal as well. As much as big box stores have a reputation for minimal customer service and employee knowledge, this store is known for helpful, specific, quick assistance on all hardware aspects. Service of small power equipment is a huge plus. Both residential and commercial customers can rely on quick turnaround of equipment. The amount of inventory on hand is unequaled in other hardware stores.
Growth & Expansion: There is ample room on the property to add lumber and other heavier construction materials at minimal expense other than cost of the inventory. There is even enough room to consider building storage units or other income producing ideas. More seasonal items could be added such as flowers and vegetables. A new owner could consider adding larger power equipment, either for sale or rental or both. There is more than enough room for any number of additional products and services.
Reason for Selling:
Retirement
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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