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Independent Hardware Store for Sale.

Charlotte Metro Area, North Carolina (Mecklenburg County)

Retail - Blding Mat., Hardware, Garden | Services - Other Miscellaneous services

Asking Price $95,000 Inventory $90,000* 
Gross Income $130,000 Real Estate  
Cash Flow $22,000 Year Established 1968
FF&E $10,000* Employees P-T as needed.

* included in the asking price

** not included in the asking price

This full-service, independent hardware store has been a fixture in the west Charlotte area for over 40 years! Operating from the same store location since its beginning, the business has built a strong base of regular customers and local corporate accounts. Once nestled in a rural-type setting, the store today is being surrounded by residential and commercial development. The new U.S. National Whitewater Center is close by helping to fuel growth and development in the area. A complete line of hardware items, including self-help construction and plumbing supplies, is carried, and various services from key making to propane and kerosene sales are offered. In addition, a full line of yard and garden products, including various grass seeds/fertilizers and animal feeds, is also carried, and the company does light engine maintenance on mowers and chain saws. There are also some yard and garden equipment pieces (tiller, spreaders, etc.) which can be rented for special home projects. The owner and founder is selling at this time as he and his wife are well into their retirement years and wish to slow down late in life. PRICED AT LESS THAN 1X CASH FLOW PLUS INVENTORY, this hardware store is an excellent opportunity for an individual with industry experience or an energetic and outgoing husband/wife team. CALL or E-MAIL TODAY while this profitable, well-established business is still available!!

Facilities: Neatly laid-out store comprising approximately 2,500 SF in a long-established strip center located on a corner. Store location is near the new nationally-recognized Whitewater Center, and the once rural area is growing rapidly with new development. Excellent lease terms which would be available to a qualified buyer.

Competition: No major building supply store (i.e., Home Depot, Lowe's, etc.) in immediate shopping area. General retail competition in the general market area.

Growth/Expansion: Excellent growth potential in a resonable economy. Additional consumer lines such as garden planters and accessories and niche toys/games could be added to broaden store appeal. Strong demographic growth in area is a major plus for future profitable expansion of the business. Possible co-op association with TruValue or Ace is also a consideration for future growth.

Financing: Limited seller financing possibly available for a qualified buyer.

Support/Training: Seller will provide buyer with adequate training as part of the sale.

Reason Selling: Retirement in the Golden Years!

Business For Sale By

Buff Moore

704-650-6630

CFC, Inc.

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