Seller's Contact Information

  • RE:  True Value Hardware Store With Rental
  • Contact:  Steve Ajmeri
Listing Update!
Update: True Value Hardware Store With Rental is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Retail: Hardware, Bldg. Materials, Garden Center Industry.

Business Overview:

Located in South Jersey, this is a busy True Value hardware store with substantial rental business. Cost of rental equipment is $687K and inventory is $500K, both included in the sale price. The business consists of a manager for the hardware store and a manager for the rental business as well as an additional 9 employees. The business is well-positioned to take advantage of growth opportunities.

Property Features and Assets:

Monthly Rent: $13,067.00 Square Units (Foot, Meter): 11,200 Lease Expiration Date: May 30, 2028, 9:00:00 PM Terms Options: Additional 5 year option

Market Competition and Expansion:

There are several opportunities for growth of this business. True Value offers incentives to update and reset merchandising which the new owner can take advantage of. A local competitor in the rental business went into bankruptcy last summer and the rental business is experiencing a growth in this area too, with new customers placing orders for event products and rentals. Since 2018 the shopping center has had major face lifts and occupancy has increased to new highs resulting in more exposure to the business.

Reason for Selling:

Retiring

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

Relevant Links:

<<<<<<< Updated upstream

Listing Update!

Update: True Value Hardware Store With Rental is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Retail: Hardware, Bldg. Materials, Garden Center Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.

Similar Active Listings That May Interest You:

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Opportunity Update!

Exciting update: True Value Hardware Store With Rental has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

>>>>>>> Stashed changes
Asking Price: $2,200,000

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Not Disclosed, NH
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