Ace Hardware and Lumber Store

West Mansfield, OH (Logan County)

Seller Financing Available
Ace Hardware

Asking Price:$636,550

Cash Flow:N/A

Gross Revenue:$803,066

EBITDA:N/A

FF&E:$50,000

Inventory:$260,000

Real Estate:$235,000

Established:1981

Ace Hardware and Lumber Store

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Business Description

West Mansfield Ace Hardware and Lumber Store. Only Hardware and Lumber Store in the area. Owner retiring after 24 successful years of operation. Includes 6 buildings consisting of 21,000 Square Feet on 1.18 acres. Gross income of $803,066. Price includes the business, the Inventory and the Inventory broken down as follows - Real Estate is $235,000, Business is $50,000 Equipment is $76,550, additionally computer system is $15,000 and the Inventory is $260,000 for a total purchase price of $636,550. This is a fantastic opportunity for an owner operator with the benefit of Ace Hardware branding. Contact agent for additional details. **Please do not disturb ongoing business or employees - thank you**

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6 buildings totaling 21,000 SF on 1.18 acres in West Mansfield, OH - only Hardware and Lumber retailer in the area. Rental Income from 3 tenants including a Barber Shop, Insurance Agency, and an apartment. Rental Income from them is $1,185.
Competition:
Very limited - only Hardware and Lumber store in area.
Financing:
Negotiable
Support & Training:
Ace Hardware Franchise - owner willing to train for a negotiable period of time.
Reason for Selling:
Retiring after 24 successful years.
Business Website:
http://www.computer-assist.com/ace

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Greg Hrabcak

Business Listed By:
Greg Hrabcak

Real Living business

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Memberships & Certifications:
Indicates membership in the Ohio Business Brokers Association (OBBA).

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