25+ Year Hardware Store - SOLD
Location: Greater CincinnatiListing Number: 26225
Financial Information
Asking Price: $359,000 + $420,000 InventoryGross 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