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Established Hardware Store / Equipment Rental

Location  Des Moines, Iowa, United States
Asking Price Range  < $250K
Gross Revenues  $235260
Net Profit / Cash Flow  $51330
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1968
Number of Employees  1 - 3
Inventory  81020
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller & licensor will provide training
Reason for Sale  Retirement

Price reduced to $169,000! This up to date and well established hardware store for sale has been serving its loyal customer base for 45 years. Located in a fast growing community close to Des Moines, it's great place to live and raise a family. The current owner has served this strong community with personal service, catering to the specific needs of his customers. State of the art computer POS and inventory control system helps manage business profitability. Strong CO-OP and purchase program is in place with major national brand name. The motivated seller is looking to retire and will consider all reasonable offers. Current transportation expansion had led to tremendous growth in this community the past few years and it continues to grow at a fast rate. Seller has added rental equipment which had led to increased sales. No direct competition in the area makes this a really good buy. Building is approx. 3,300 sq. ft. with a large outside area for equipment rentals such as tillers, augers, etc. and large storage area. Real estate is being offered purchase or an attractive long term lease from the current owner is available. There is ample parking on and off street.

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