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Old School Queens Hardware Store
Not Disclosed, NY
QUEENS County
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| Asking Price: | Annual Revenue: |
| $600,000 | $700,000 |
Retail: Hardware, Bldg. Materials, Garden Center
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RE: Old School Queens Hardware Store
Contact: Miles Gordon
Quick Facts
| Asking Price: | $600,000 | |
| Annual Revenue: | $700,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $150,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 7 | |
| BBN Listing #: | 314049826 | |
| Broker Reference #: | 83341-987234 |
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Business Overview:
Neighborhood mainstay. Busy street, corner property on the Queens Long Island Border with steady revenue. Family owned for over 30 years and now ready for the next generation. $250,000 in inventory, fully catalogued and organized. On site parking and low rent add to the value. The store is perfect for someone that loves the nuts and bolts of the hardware biz and wants to walk into a turn key operation...and yes they make keys too. Owner will be retiring and leaving in place a dedicated staff. He will offer training as well to help in the transition. They are fully staffed, yet the payroll expense is under control. A main street business with meticulous books and a stellar reputation. This biz is too good to pass up.
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Reason for Selling:
retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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