Auto Parts & Hardware Store

Harlowton, MT (Wheatland County)

Auto Parts & Hardware Store

Asking Price:$975,000

Cash Flow:N/A

Gross Revenue:$1,400,000

EBITDA:N/A

FF&E:$150,000

Inventory:$750,000

Real Estate:$263,400

Established:1959

Auto Parts & Hardware Store

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Business Description

A very well established business with strong loyal clientele in rural Central Montana is for sale. This business is a combined NAPA Auto Parts and Hardware Hank. The NAPA portion of the store has been in business since 1959 and the Hardware Hank store has been in business since it started out as a Coast to Coast in 1960. These stores were combined in a newer building in 2014 by the current owners and have really boomed since. This store is the only auto, AG and heavy duty trucks parts store for 45 miles to the closest competitor, the hardware is one of two in a community of 1,000 and a service area of 3,000. The competing hardware store specializes in lumber and building hardware and this one specializes in general hardware plumbing and electrical products. In addition to NAPA and Hardware Hank lines we carry many other items and lines, we are a welding gas stock point with weekly delivery, a propane filling station with daily delivery if needed, NAPA has nightly delivery Monday-Friday and weekly hardware delivery every Monday. We also deal with numerous other vendors from Montana's largest city that can be delivered via the NAPA truck. We currently carry local and Montana made gifts. The current building was built in the late 1990's is all steel with another lease building that has heated storage and two owned cold storage facilities. The rental building is next to two other buildings for sale that could all be had for future expansion. The primary economic drivers are agriculture, construction, tourism, petroleum pipelines and the recent wind energy boom with some large upcoming projects in the works locally. This store is fully stocked with a wide variety of inventory and room for someone's imagination to increase with the adjoining properties.
This would be an excellent opportunity for a family wanting to escape big city living and everything that goes along with it. We have great schools and medical facilities locally. We are 1 ½ hours to Billings and Bozeman and 2 ½ hours to Great Falls and Helena. You can be on the Musselshell River in minutes and access to four mountain ranges and five lakes within a half hours drive, offering many motorized and non-motorized recreation opportunities year around including access to three great ski areas.
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Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
8,700
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Newer Steel 100' X 80' steel building with AC, recent all LED light conversion throughout the entire store. 48' X 96" dry van for chemical storage. 12' X 24' shed on skids for over length pipe and welding gas storage paved 35' X 120' paved lot. Leased 40' X 50' heated storage building next door. All furniture, fixtures and equipment go with the business, counters, computers, shelving, inventory, tools and machines are included, basically a turn key business.
Competition:
One other hardware in that specializes in building materials next closest competition 50 miles away for both auto parts and hardware. Business draws from Harlowton and 8 other local communities and four surrounding counties plus a fair amount from itinerant traffic. Huge support from local farms, ranches rock quarries and several commercial shops as well as local, state and federal government agencies.
Growth & Expansion:
This business would be a great place to add in small engine repair and small engine equipment sales. There is currently off road motorcycle sales accompanied with this store which could be carried on or the current owner can keep if not desired. A full list of outside vendors will be supplied. Agriculture and repair is the main stay there are several upcoming large projects that will bring tremendous returns in sales as has been shown in the past. Recessions don't typically hit these small towns as noticeably as larger areas.
Support & Training:
Current owners will stick around to help for a specified amount of time, numerous online training courses through NAPA including ASE certification courses. Multiple reps from both NAPA and United Hardware are available and very willing to help out.
Reason for Selling:
Pursuit of other ventures and current other existing business. Semi-retirement.
Franchise:
This business is an established franchise

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Business Listed By:
Ronald Teig

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