Long Established Rural Hardware Store (RE Incl.)

Business Overview:

Reduced price! A wonderful rural southwest Washington community retail store selling hardware, building materials and more. The business has been in the same family since the 1970s. Buildings and land priced at $850,000 while the business is priced at only $225,000 (including inventory of~$148K). Located between the metro areas and the Coast, this business is nestled in a lovely town without being isolated. SELLER WILLING TO CONSIDER TERMS ON THE PROPERTY WITH A CASH OFFER ON THE BUSINESS. >>

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Property Features and Assets:

Real Estate Asking Price: $850,000.00

Market Competition and Expansion:

Competition:

This hardware store has been a successful community resource for many decades. It is the only hardware store in the county and there are no other hardware retailers within 30 minutes.

Expansion:

Beyond the typical ups and downs of the economy, the business has built a foundation on exceptional customer service. Customers are pleased that they can come in and be helped personally in contrast to the big box stores like Lowe's or Home Depot.

There are opportunities to increase revenue by expanding some of the core departments. For example, Plumbing is the largest department with the most profitability and expanding on that would be a bonus. There is a lawn and garden section in which they have kept a plant nursery section in the past. If paint is well stocked, it will sell through quickly.

Reason for Selling:

Retiring. Kindly ask the seller for more information.

Additional Details:

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