Local One-Stop Shop Hardware Store
Not Disclosed, CT Not Disclosed
Located on a major highway
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- RE: Local One-Stop Shop Hardware Store
- Contact: Mike Brixey
Quick Facts
| Asking Price: | $1,810,000 | |
| Annual Revenue: | $5,218,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $400,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $277,600 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1925 | |
| Employees: | 37 | |
| BBN Listing #: | 946433 | |
| Broker Reference #: | 13-030 |
Business Overview:
This family-owned True Value Hardware Store has been in its current location in Waterbury, CT since 1958.
It is a full-line hardware store and can fill all one’s hardware needs. They know the importance of having the right equipment and supplies for your various projects and tasks. Whether you’re getting ready to paint your home, fire up the grill, or set up a bird feeder, we’ve got everything you need. Their variety of outdoor power equipment is second to none. They provide repair, maintenance and warranty work on most major brands of equipment. They are known for their friendly and knowledgeable staff who are experienced, and factory certified.
They are the oldest hardware store in Waterbury and are well known for their upscale Garden shop. They help the community nature lush, beautiful gardens and lawns. They offer seeds, tools, live plants and fertilizers to cover all one’s needs.
This is a full-service hardware store that is well known in the community and has a great reputation with all its customers.
They have reached the time in life when they plan to take retirement and are offering to sell their business to someone who wishers to continue their dedication to the community.
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Market Competition and Expansion:
Competition: All the big boxes are fairly close. And they have two Ace stores within two miles.
Expansion: They sell a lot of power equipment and could use floor planning to expand this area.
Sales are very good and might be able to grow if the facilities were expended.
Rental could be expanded with the right help.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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