Hardware Store & Small Engine Repair Business
Not Disclosed, MN Not Disclosed
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- RE: Hardware Store & Small Engine Repair Business
- Contact: Nick Strandberg
Quick Facts
| Asking Price: | $100,000 | |
| Annual Revenue: | $1,308,493 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $94,653 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $70,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1975 | |
| Employees: | 12 | |
| BBN Listing #: | 936662 | |
| Broker Reference #: | 11662 NS |
Business Overview:
Owner makes $45,000, Manager makes $42,000, which totals $87,000 as stated above in own/manager salary. Well-established Hardware Store with small engine repair business. Sells and services lawnmower and snow removal equipment for the residential market. Located in a dynamic south suburb in a retail area with many substantial national retailers so it is one of the top trade areas in this suburb of 68,850 plus people. 2023 Revenue has been dependent on the weather with sales in New Power Equipment of $308,011, Lawn and Garden was $172,456, and service income was $201,194. This is the time to consider this business so that you will be ready for the spring season. The price is $100,000 plus inventory of approximately $500,000 at time of sale. For additional information, please call Nick Strandberg
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Market Competition and Expansion:
Great opportunities for growth with motivated buyer!
Reason for Selling:
RetiringAdditional 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
Documents:
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