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$3.7 Million Sales True Value Hardware Store

Vermont

Retail - Blding Mat., Hardware, Garden | Retail - Miscellaneous Retail

Asking Price $400,000 Inventory $900,000** 
Gross Income $3,740,000 Real Estate  
Cash Flow $400,000 Year Established 1973
FF&E $200,000* Employees 16 ft 2 pt

* included in the asking price

** not included in the asking price

Substantial True Value Hardware Store

This is a substantial profitable hardware business. Sales of $3.7million generate an operating profit of $400,000. The business is well established, and the association as a True Value Store, a leading name in hardware, is a highly desirable attribute. True Value provides competitive pricing, continuing education and training programs to enhance members businesses. Those seeking a significant and profitable business in a community know for its outdoor oriented recreational opportunities as well as one which boasts arts and cultural activities will want to consider this opportunity.

Facilities: The business is situated in a prime commercial location on 1.5 acres. The facility consists of 20,000 sq. ft of retail space, plus there is storage space an office area and plenty of parking. The displays and fixtures are extensive, and an updated computer system and software (cost $60,000) were added recently. The real estate is owned by the owner of the business a long term lease is available with an option to purchase.

Competition: There is another significant hardware business as well as building supply businesses. This business competes well and has grown.

Growth/Expansion: This is a well operated family business. Improvement can be realized through focusing on achieving higher profit margins, expanding the very profitable rental department, adding new paint lines, and embarking on the Destination True Value concept in rearranging displays, as well as reviewing the product mix.

Financing: Seller will consider financing a portion of the sales price.

Support/Training: The owners will provide training as desirable, and True Value provides superb continual support and training.

Reason Selling: Having owned the business for many years, the family is ready to move on.

Business For Sale By

Heidi French

Country Business, Inc.

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