Ace Hardware
Location Minnesota,United States
Asking Price Range $500K - $1.0M
Gross Revenues $594837
Net Profit / Cash Flow $82289
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1939
Number of Employees 4 - 5
Inventory 305000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Retirement.
Description Ace Hardware now available just outside the Metro area includes Real Estate. Email or call Dan Arcand at 651-402-0098 for details on this Ace Hardware for sale. The Ace brand has been nationally recognized and locally embraced for over 80 years. Since that time, the Ace model has been geared toward providing owners a solid business foundation that has proved to be fad-proof. Ace today offers over 70,000 sku's to their retailer network. AHC became a retailer-owned cooperative in 1976, and is consistently recognized as the top hardware co-operative. As of year-end 2008, Ace encompassed a worldwide network of over 4,500 stores that generate over $12 billion dollars in retail sales. Each store is independently owned and operated. The store participates in virtually every Ace program and is one of the top performing Ace Hardware stores in the country. Sales have been constant and profits have increased steadily for the past 10 years. The store has been in business for well over 50 years. The existing owner has made many investments in the business, including the building of the existing location within the last 10 years, which is included in the sale. The asking price of $749,000 includes real estate. The asking price for the business is $75,000 ($275,000 Inventory not included). The asking price for the real estate is $399,000. Seller financing may be available for qualified buyers. The desirable location, attractive real estate, consistent revenue growth, proven track record in the market, top tier performance and the powerful Ace brand all make this an attractive business opportunity. This business for sale is presented by Sunbelt Business Brokers - Midwest.
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