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- RE: Discount Tool Retailer
- Contact: Andy Erskine
Quick Facts
Asking Price: | $260,000 | |
Annual Revenue: | $704,679 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $102,224 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 2 | |
BBN Listing #: | 952903 | |
Broker Reference #: | HTX01-1076 |
Business Overview:
Established in 2020, this business has quickly become a trusted source for high-quality tools at very competitive prices, offering a cost-effective alternative to the big box stores. They pride themselves on delivering exceptional customer service, supported by a knowledgeable and dedicated staff who are always ready to assist. The solid foundation ensures that the business runs efficiently, allowing the business to maintain the commitment to quality and affordability.
The business boasts a robust online presence, serving as a significant source of income through strong online sales and widespread exposure. With new ownership, there is tremendous potential to expand this digital footprint even further, capitalizing on the existing foundation to drive growth and reach an even broader audience. The solid online infrastructure ensures continued success in the digital marketplace, making it a key component of the business's ongoing profitability and future expansion.
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Property Features and Assets:
Inventory and FF&E Included in Asking Price.
Market Competition and Expansion:
Big Box Stores are the main competition for this business. Opportunities for improvement in this business are abundant, starting with the new owner being more present in the beginning to build strong customer relationships. By being hands-on, the owner can establish trust and loyalty, which are key to long-term success. There’s also significant potential for growth online, where expanding the digital presence can attract a broader audience and increase sales.
Reason for Selling:
Focus on Other Business VenturesAdditional 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
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