Retail Hardware
Location North Carolina,United States
Asking Price Range $500K - $1.0M
Gross Revenues $450000
Net Profit / Cash Flow $46103
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1950
Number of Employees 1 - 3
Inventory 390000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other business interests.
Description Price Reduced to$785,000 - This owner operated retail hardware store has established a niche in the retail economy that has been supported by the local community since the business was founded of October, 1950. Fewer and fewer retail businesses in the American economy can boast of this type of longevity in the face of a highly competitive marketplace now being dominated by huge national retail chain operations. The current owner and seller of the business has owned the operation since 1990 and now wishes to sell this profitable business so that he might concentrate on his other business interests in a noncompeting industry.
The inventory kept in stock by this profitable business ranges from paint and paint supplies to tools, fasteners, and many other hardware items used by individual consumers and small businesses. In addition to a well organized retail stock of hardware inventory, the business also offers services to its customers that include wooden handle replacement in tools, window screen replacement, garden tool sharpening and other services that are in demand. These value added services contribute 15% of the annual revenue stream generated by the business. Contact for more information on this Hardware Store for sale.
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