25+ Year Hardware Store - SOLD

25+ Year Hardware Store - SOLD Location: Greater Cincinnati
Listing Number: 26225

Financial Information

Asking Price: $359,000 + $420,000 Inventory
Gross Revenues: $1,730,000
Cash Flow: $230,000
Real Estate: Leased space

Business Description

The retirement aged owner of this independent hardware store has done a wonderful job of hiring excellent employees, organizing and merchandising the products and services, and increasing bottom line profits.  This is not a mom and pop store, but an exceptionally operated company which has continued to grow in sales each year.  While the big box stores are huge and impersonal, this store has remained small and very personal with knowledgeable associates and the entrepreneurial spirit of its owner.  The business is offered as an asset purchase, free and clear of debt.  The owner will train inall aspects of the business and will be available to ensure a smooth transition.  Highlights include:

SBA loan qualified

Brand name products

No debt in the business

Pandemic / recession resistant

Solid / experienced staff in place

Price includes $160,000 of assets

Computerized operation with POS system in place

Commercial accounts along with steady retail traffic

Clean books and records – all numbers are verifiable