“Best In Town” Full-Line Hardware Store

Business Overview:

The store started in 1984 at 7,000 square feet and has now been expanded to just over 15,000 square feet with a selling area of about 11,500 square feet. They added the rental department in 2000. The store was remodeled using the True Value format in 2008. In 2010, they won the True Value award of Best Hardware Store in Town. Again, they did a refresh of the format in 2016. In 2023, the city awarded them the Best Business in Town Award.
The store has over 4,000 rewards customers among their loyal customer base of homeowners, professionals and commercial accounts.
Their employees are loyal and knowledgeable, some having been with the business for over 20 years.
They carry a full line of hardware and cover the needs of all their customers. They also have a rental department that provides the needs of the homeowners and commercial customers.
This is a great opportunity due to the current owner looking to retire.

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Market Competition and Expansion:

Competition: Trevor Hardware is about 1.9 miles, the big box stores are Lowes, 4.5 miles, Home Depot, 5.8 miles and Menards 5.9 miles.

Growth & Expansion: In 2008 the store was remodeled as a Destination True Value and then in 2010 it was named by True Value as the Best Hardware store in Town. In 2023 it received the City's Best Business in Town award.

Reason for Selling:

Additional Details:

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