NOT DISCLOSED, New Jersey
| Asking Price |
$515,000 |
Year Established |
1932 |
|
| Annual Revenue |
$888,969 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Jackson Goodwin |
|
| Annual Cash Flow |
$123,662 |
Listing Number |
1013701 |
|
| # of Employees |
8 |
Business Category |
Retail: Hardware, Bldg. Materials, Garden Center |
|
Business Overview:
Multi-generational neighborhood Hardware Store and local community staple!
This well-established hardware store has served the Greater Philadelphia Metropolitan Area since 1932. It represents over 94 years of continuous operation and community trust. Located in the heart of Gloucester County, New Jersey, on a highly visible main road, this business is a well-recognized community staple.
Business Overview:
Industry: Hardware Stores
Established: 1932 (94+ years in operation)
Location: High-visibility main road in Gloucester County, New Jersey
Building: Lot size: 11,478 sq ft, Lot Frontage: 70 ft, and Lot Depth: 164 ft
Real Estate Opportunity: Building and lot available for sale
Key Strengths:
Reputation: Trusted, multi-generational customer base
Location: High-traffic main thoroughfare placement
Positioning: Recognized local market leader
Staff: Expert employees providing project guidance
Status: Turnkey opportunity with proven profitability
Growth Opportunities:
Inventory: Add ancillary items with minimal capital investment
Digital: Enhance website and build online marketing campaigns
Expansion: Leverage the brand name to capture market share
Tech: Modernize operations and inventory management systems
The current owner is retiring after decades of successful operation. They will provide transition assistance to ensure a seamless ownership transfer. Financing options include conventional lending and SBA programs. The established customer relationships, clear growth potential, and real estate opportunities make this an attractive investment for qualified buyers.
Property Features and Assets:
<p>The sale includes a well-maintained retail facility located along a visible main street, offering convenient customer access and steady foot traffic. The store features a fully built-out interior with organized shelving, service counters, and dedicated areas for tools, hardware, and home improvement supplies, creating an efficient and customer-friendly shopping environment.<br><br>The property presents a clean, functional layout with a welcoming storefront and nearby street parking for customers. Maintained in solid condition, the space supports a wide range of inventory and services, making it ideal for continued operation or future enhancements<br></p>
Market Competition and Expansion:
<p>There is strong potential to expand by introducing additional high-margin product lines such as specialty tools, seasonal items, and contractor-grade supplies. Adding services like equipment rental, delivery, and online ordering can further increase revenue streams. Enhancing e-commerce presence and marketing to surrounding areas also presents an opportunity to significantly grow the customer base.<br></p>
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