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Well Established Hardware, Farm, Retail With Property For Sale
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $500000
Net Profit / Cash Flow $115000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1967
Number of Employees 6 - 9
Inventory 22000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Seller will completely train. Owner qualifications: no prior experience necessary.
Reason for Sale Relocation.
Description This is a multi-faceted community store situated on a 1.63 acre level lot located on a busy county road in the center of town. The store offers a wide array of products specializing in hardware products, farm feed and supplies,garden supplies, pet food and supplies, lumber, concrete, and other sundry items.
Services include key cutting,glass cutting, wood cutting, paint mixing,window repairs and deliveries. 55% of the store's revenues are paid by store accounts.There are currently approximately 220 store accounts. The business is situated on a 1.63 acre level lot with 3 buildings:
1. The retail store consists of a one story 4000 sq.ft. frame building with 2 enclosed porches providing an additional 1,351 sq.ft. retail space.
2. The storage barn consists of 3564 sq. ft. pole barn with a 13 foot high ceiling.The barn is used to store lumber, concrete, feed and other inventory.
3. The carriage house is a 2 story ballon frame construction 1200 sq.ft. building. The building is currently being used for storage, but has potential for either increasing the income of the store by adding products or services, or generating rental income the leasing the space as commercial office space or retail space to a third party.
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