Seller's Contact Information
- RE: Independently Owned Home Improvement/Supplies
- Contact: Susan Rosner
Quick Facts
Asking Price: | $1,100,000 | |
Annual Revenue: | $1,572,395 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $357,057 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1970 | |
Employees: | 7 | |
BBN Listing #: | 312429987 | |
Broker Reference #: | 14631393 |
Business Overview:
This $1.6M highly profitable independent hardware store offers an extensive array of products and services to contractors, tradesmen, vacationers, and year-round residents. The company’s lineup includes plumbing and electrical supplies, Stihl equipment, storage units, garden supplies, automotive supplies, and more. Known for its outstanding customer service and strong community connections, this business has become a true expert in hardware and home improvement/repairs for the last five decades. In addition to the extensive inventory of products, the company offers a wide range of services. These services include paint and stain custom tinting, certified Stihl equipment repairs, window and screen repairs, key cutting, log splitting, propane tank exchanging, and 911 address signs.
Steady growth within the industry and the growing demand for DIY materials along with an influx of new residential and commercial properties in the area will expand the target market. Endless possibilities exist to expand this business. These opportunities include creating a full-fledged garden center, selling treated lumber for homeowners, appliance repairs, and tool rentals.
The geographical area is booming with new construction. People are looking to relocate from nearby cities or seeking vacation homes and investment opportunities. The area is conveniently located 2 hours from both Philadelphia and New York City and is a popular area for outdoor summer and winter sports.
As a one-stop local hardware store, homeowners and contractors alike can obtain the necessary material to complete projects on time and within budget.
PRE-QUALIFIED BY SBA LENDER
Headquarters: Northeastern Pennsylvania (Monroe County)
Products and Services: Wide range of hardware supplies, plumbing, electrical, heating, painting, lawn/garden, automotive supplies, and tools. Services include paint and stain tinting, equipment repairs, key cutting, and more.
Facility: 6,000 square feet of retail space, 3,000 square
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Property Features and Assets:
6,000 square feet of retail space, 3,000 square feet of rental storage units, with room for expansion. The retail space includes a receiving area, workshop, small kitchen, office, and storage areas.
Market Competition and Expansion:
Expanding business hours, creating a full-fledged garden center, selling treated lumber for homeowners, appliance repairs, tool rentals, and electric vehicle charging stations.
Reason for Selling:
Owner wishes to retire.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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