Two-Store Chain Hardware Stores For Sale

Not Disclosed, IA

Asking Price: Annual Revenue:
$950,000 $1,900,000

Retail: Hardware, Bldg. Materials, Garden Center

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RE: Two-Store Chain Hardware Stores For Sale Broker: Tom Buckley

Quick Facts

Asking Price: $950,000
Annual Revenue: $1,900,000
Net Profit: Not Disclosed
Cash Flow: $217,000
Total Debt: Not Disclosed
FF&E: $165,000
Real Estate: Not Disclosed
Year Established: 2013, 2017
Employees: 17
BBN Listing #: 14902743
Broker Reference #: 13-018

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Business Overview:

This is the opportunity to purchase a two-store chain hardware business with strong management. Both stores are associated with a major hardware wholesaler who supplies most of the products they sale. It also provides them assistances in all areas of the business. They are full line hardware business. One has been in business for some time and the other one was a new store about 4 years ago. The new one has been having outstanding growth each year. It is located in a growing area just south of a major metro area. These stores are now doing a little over $2 million in sales.

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Market Competition and Expansion:

Competition: The stores have the normal amount of competition with the large box stores some distance away. They are both well known in their communities and do a good job of competing in their markets. Expansion: Both stores could increase the amount of green goods they sale. Maybe put in more farm and ranch products. They both have room to add rental. They could also add lumber sales to the store.

Reason for Selling:

To spend more time on his construction business.

Additional Details:

  • The property is owned.
  • The owner is not 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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