Asking Price
$700,000
Gross Revenue
$1,108,749
Cash Flow
$173,087
Overview
Year Established
2007
Employees
1 full time and 7 part time
Business Structure
Corporation
Inventory
$456,867 (Not included in asking price)
FFE(Furniture, Fixtures and Equipment)
$80,000 (Not included in asking price)
Area
12000 sq.ft.
Business
Description
This business is an exciting opportunity to own a well-established 12,000-square-foot hardware store that has been serving its community since 2008. With a solid reputation for quality products and personalized customer service, the store has become a trusted name in the local market. They have a competitive edge over their competitors, allowing this hardware store to stand out as a reliable destination for both DIY enthusiasts and professional contractors.
This is an excellent opportunity for an owner-operator looking to enter or expand in the hardware and home improvement sector. Retail experience would be a plus, but it is not necessary. With a proven track record and clear avenues for growth, this business is poised for continued success under new ownership.
This is an excellent opportunity for an owner-operator looking to enter or expand in the hardware and home improvement sector. Retail experience would be a plus, but it is not necessary. With a proven track record and clear avenues for growth, this business is poised for continued success under new ownership.
Growth Prospects
-Increase commercial accounts
-Continue to refine and grow inventory
-Implement an online marketing strategy
-Continue to refine and grow inventory
-Implement an online marketing strategy
Sale
Reason for Selling
Current ownership is ready for retirement
Training/Support
Current ownership is committed to investing in a new owner by providing supportive training, introductions to vendors and customers, and facilitating an overall smooth transition
Premises
Facilities
-Building is less than 20 years old
-12,000 square foot building with a metal roof
-Located near major interstate
-12,000 square foot building with a metal roof
-Located near major interstate
Location
Michigan, MI
Contact The Seller
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