2 Well-established Lumber/Hardware Stores in N. MN

Hackensack, MN
Cass County

Asking Price: Annual Revenue:
$1,500,000 $3,307,991

Retail: Hardware, Bldg. Materials, Garden Center

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RE: 2 Well-established Lumber/Hardware Stores in N. MN Broker: Jim Underwood

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $3,307,991
Net Profit: Not Disclosed
Cash Flow: $315,295
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $939,500
Year Established: 1979
Employees: Not Disclosed
BBN Listing #: 78628483
Broker Reference #: 11188 JU

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Business Overview:

Well-established Northern Minnesota Lumber and Hardware Stores Available! Two (2) locations: Hackensack and Backus. Stores have been very profitable over the 41+ years the family has been in this business. Located in the heart of busy tourism towns and beautiful recreational lakes, the business is well-run with an excellent opportunity for new owners to step right in. Owners are retiring and willing to stay on part-time for a transitional period. Priced to sell at $1,500,000 including land, buildings and FF&E. Inventory is not included which averages in the $800,000+ area. For more information, please contact Jim Underwood.

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Reason for Selling:


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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