Multi - Unit Hardware Co - 2020 Sales Up 20%

Cincinnati, OH
Hamilton County


Asking Price: Annual Revenue:
$1,560,000 $5,800,000

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Multi - Unit Hardware Co - 2020 Sales Up 20% Broker: Dan Long

Quick Facts

Asking Price: $1,560,000
Annual Revenue: $5,800,000
Net Profit: Not Disclosed
Cash Flow: $687,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 25
BBN Listing #: 545616072
Broker Reference #: 20del

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Business Overview:

Multi – Unit Hardware Company – 2020 Sales Up 20%
The retirement aged owner of these independent stores has done a wonderful job of hiring excellent employees, organizing and merchandising the products and services, and increasing the bottom - line profits. These are not mom and pop stores, but exceptionally operated companies who have continued to grow in sales and profits each year. While the big box stores are huge and impersonal, these stores have remained small and very personal with knowledgeable associates and the entrepreneurial spirit of its owners. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
Pandemic resistant
Brand name products
Growing sales and profits
Price includes all equipment
Computerized operation with POS system in place
Commercial accounts along with steady retail traffic
Clean books and records – all numbers are verifiable
Long established management and employees in place
2019 sales were $5,800,000 with owner earnings of $687,000

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Property Features and Assets:

These are all leased locations with very attractive signage, parking, and traffic count.

Market Competition and Expansion:

This is a competitive industry, but the seller has produced great top and bottom line figures by providing a great customer experience, hiring excellent employees, and promoting and merchandising his company’s products and services.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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