Neighborhood Hardware Store with E-Commerce Co.

Saint Paul, MN
Ramsey County

Metro Area


Asking Price: Annual Revenue:
$355,000 $575,000

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Neighborhood Hardware Store with E-Commerce Co. Broker: Mac Thelen
Owner Financing is Available!
Seller will finance a portion of the Sale.

Quick Facts

Asking Price: $355,000
Annual Revenue: $575,000
Net Profit: Not Disclosed
Cash Flow: $76,600
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1926
Employees: 7
BBN Listing #: 206540231
Broker Reference #: 8154mt

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Business Overview:

This business is a retail hardware store established in the neighborhood since 1926. The client base is very loyal, sales are increasing, and store longevity has been proven for over 90 years. Approximately 18% of revenue is comprised of equipment rental and other ancillary services. Included in the offering is a second business with an online presence and an established base of commercial clients. The secondary business operates out the hardware store location and offers the potential for significant growth.

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Property Features and Assets:

The store operates in a leased location from the previous owner. The store has a footprint of 6,450 square feet, including two 900 square foot back rooms and a 4,500 square foot basement. There is a 5 year option to extend beginning in 2020 and is assignable.

Market Competition and Expansion:

New owner can extend hours, increase advertising, target additional commercial accounts, grow online presence of add-on company which is included in the sale, and add additional ancillary 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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