Well-Established Hardware Store

Newton, IA
Jasper County

Outside of a large city


Asking Price: Annual Revenue:
$1,800,000 $2,700,000

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Well-Established Hardware Store Broker: Tom Buckley

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $2,700,000
Net Profit: Not Disclosed
Cash Flow: $600,000
Total Debt: Not Disclosed
FF&E: $1,490,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 10
BBN Listing #: 93612743
Broker Reference #: 13-014

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Business Overview:

This store has been servicing the community since 1993.

You can find expert advice and the tools for most DYI projects one needs from this hardware store.

They maintain seventeen departments in the store and have a large department in rental equipment. In addition, they have 12 services they provide like Glass Cutting, screen repair, blade sharpening plus many others.

The owners have now reached a stage in life that they want to slow down and therefore have put the store up for sale.

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Property Features and Assets:

Large traditional store, located in a small shopping center right outside of a large city.

Market Competition and Expansion:

A local rental store, local lumber yard and a large box store in the area.

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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