Hardware Store with RE and Apartment

Blowing Rock, NC (Watauga County)

Seller Financing Available
Hardware Store with RE and Apartment

Asking Price:$929,000

Cash Flow:$87,135

Gross Revenue:$231,380

EBITDA:$87,135

FF&E:$25,893

Inventory:$81,016

Real Estate:$979,000

Established:1997

Hardware Store with RE and Apartment

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Business Description

Family Owned Hardware Store
includes Real Estate and
Very Nice Apartment.

Blowing Rock, North Carolina

Village Hardware has provided hardware and lawn supplies to Blowing rock and nearby residents for over fifteen years. The owner believes in providing a needed service and does not make huge markups on inventory, thus making for high gross sales and a steady and loyal clientele. Locals have no need to drive miles to Lowes Hardware;. they can find just what they need at similar prices right here! The store is full of up-to-date merchandise/inventory with a value of approximately $81,000 with an additional $25,000+ in furniture fixtures and equipment, and besides offering all types of hardware, sells a wide range of lawn and garden supplies. According to the owner, sales and profits have been consistently good since inception. They claim near six figure profit for last year.

The newly remodeled and updated building sits on almost a third of an acre just off the main street of Blowing Rock, with almost 150 feet of road frontage. The hardware store is located in the bottom portion of the building and contains over 2200 sf. Upstairs finds a completely renovated apartment building…….. two bedrooms and two baths, a large high ceiling master bedroom suite boasting a large covered deck off of the back ….. to enjoy those cool summer evenings that Blowing Rock is famous for. The apartment has hardwood floors, all new stainless steel appliances, and two tiled bathrooms, plus a custom kitchen!

So, if you are looking to slow down a little in life, and run a true, profitable, fun business, then walk upstairs for the drive home, this opportunity could have your name written all over it! For photos and more, please go to

www.fsbohardwarestore.com

Price for land, all real estate, business, furniture, fixtures, equipment and inventory has just been reduced to

$929,000

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
No competition at all in the area. None.
Financing:
Possible
Support & Training:
Two weeks at no charge to buyer
Reason for Selling:
Retirement
Business Website:
http://www.fsbohardwarestore.com

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David P. Conrad

Business Listed By:
David P. Conrad

Blue Ridge Business Brokerage

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