| Asking Price |
$760,000 | Inventory |
$253,186* |
|---|---|---|---|
| Gross Income |
$1,061,378 | Real Estate |
$215,000* |
| Cash Flow |
$169,897 | Year Established | 2000 |
| FF&E |
$206,513* | Employees | 8 |
* included in the asking price
** not included in the asking price
Successful Hardward Store and 8400 SF Property in Gloversville, NY. Gloversville is 45 minutes from the Capital Region of Upstate New York (Albany/Schenectady/Troy/Saratoga) near the New York Thruway, Exit 29. The Recordkeeping for the Business and Property are detailed, professional, and accurate. A detailed Business Propspectus is available after execution of a Confidentiality Disclosure Statement.
Facilities: Located on a high traffic street, this very successful Brand Name Hardward store attracts many local customers. The Business occupies 8400 SF. The retail store is 4200 SF and there is a 4200 SF, high ceiling, Basement used for storage and a 200 SF Owner Office. The property is appox .62 AC and has enough room for a secure outdoor storage area (Tools and Equpment) for additional product sales and/or rental.
Competition: HD and Lowe's are over 10 miles away in neighboring Amsterdam, NY. This Business enjoys a steady flow of loyal customers.
Growth/Expansion: Potential products for Expansion are: Tool and Equipment Rental Service and Home Repair
Financing: Owner would consider financing a portion of the sale. To be determined.
Support/Training: The current Owner will be happy to assist in the transition for an agreed upon amount of time. Support is available from the Hardward Franchise.
Reason Selling: The Owner is working on new ventures in the field of Real Estate.

Dennis Deeb
518-785-9000, Ext 125
Coldwell Banker Commercial Prime Propert
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