Request More Information Contact the Seller
- RE: Long Established Rural Hardware Store (RE Avail)
- Contact: Michael Whitesel
Quick Facts
Asking Price: | $1,600,000 | |
Annual Revenue: | $646,330 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $133,596 | |
Total Debt: | Not Disclosed | |
FF&E: | $85,055 | |
Real Estate: | $1,397,700 | |
Year Established: | 1925 | |
Employees: | 3 | |
BBN Listing #: | 936245 | |
Broker Reference #: | 59071-449200 |
Business Overview:
A wonderful rural southwest Washington community retail store selling hardware, building materials and more. The business has been in the same family since the 1970s. Inventory cost of ~$186K (subj. to change) not included in price. Buildings and land priced separately at $1,200,000. Located between the metro areas and the Coast, this business is nestled in a lovely town without being isolated. Seller willing to consider terms on the business with a strong offer on the property.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Real Estate Asking Price: $1,397,700.00
Market Competition and Expansion:
Competition:
This hardware store has been a successful community resource for many decades. It is the only hardware store in the county and there are no other hardware retailers within 30 minutes.
Expansion:
Beyond the typical ups and downs of the economy, the business has built a foundation on exceptional customer service. Customers are pleased that they can come in and be helped personally in contrast to the big box stores like Lowe's or Home Depot.
There are opportunities to increase revenue by expanding some of the core departments. For example, Plumbing is the largest department with the most profitability and expanding on that would be a bonus. There is a lawn and garden section in which they have kept a plant nursery section in the past. If paint is well stocked, it will sell through quickly.
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
Relevant Links:
- View more Washington businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information