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Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

Independent Hardware Store - Downtown Location

Location  Massachusetts,United States
Asking Price Range  $250K - $500K
Gross Revenues  $610000
Net Profit / Cash Flow  $122000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1997
Number of Employees  1 - 3
Inventory  50000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Owner will train.
Description  Asking Price: $399,900 plus Inventory Gross: $610,000 Cash Flow: $122,000 Inventory: $150,000 (Not Included in the asking price.) FF&E: $50,000 (Included in the asking price.) Summary: Since 1997 this local hardware store has been one of the main fixtures of this quaint town center and has serviced the local community of homeowners with its traditional lines of hardware items, tools and garden supplies. Situated in its own unique market, this store is well-established and profitable, but could use additional capital to expand inventory and grow sales. A working owner with good people skills and general knowledge of home repair will find them self at home in this environment and should be able to grow this business by expanding the product offering to include larger items such as lawnmowers, snow blowers, BBQ units, etc. and perhaps adding boating supplies and disposables currently unavailable in this community. The business employs 2 full-time and 1 part-time sales people. Facility: This spacious hardware store has 6,000 SF and has frontage on the main town center road. A separate private office and storage/work area are partitioned. An attached parking area is provided in the rear with more-than-adequate customer parking.
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