Retail - Blding Mat., Hardware, Garden | Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price	$175,000	Inventory	$175,000*
Gross Income	$275,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1897
FF&E	N/A	Employees	3

* included in the asking price

** not included in the asking price

Be just the fourth owner of a classic small town hardware store that spans 3 centuries of Virginia history. Still located in its original 3 story, 11,000 sq. ft. building (complete with hand-over-hand elevator and cedar grain chute), Bedford Hardware has served the citizens of the Bedford community since the 1890's. Located between Lynchburg and Roanoke and just over an hour from Charlottesville, Bedford is one of Virginia's fastest growing counties west of Richmond, yet Centertown Bedford retains the character and charm of a quaint small town. We're also surrounded by the beautiful Blue Ridge Parkway to the North, 500 miles of shoreline at booming Smith Mountain Lake to the south, and to the East the rapidly expanding community of Forest, named for Thomas Jefferson's retreat home 'Poplar Forest". Our quaint and peaceful little town is also home to the National D-Day Memorial, located here in tribute to the sacrifices made by the "Bedford Boys" in the Normandy Landing in World War II. The current owners have rejuvenated and nurtured the store since 2000, and have developed a knowledgeable and capable staff of 3 managers and employees. The particular emphasis is on home renovation and repair, with a particularly strong paint program, but also with forays into classic toys, woodworking tools and kitchen wares, all set amidst the ambiance and artifacts of generations past. And how many hardware stores can boast an art gallery featuring consignment works of local artists and craftsmen. In short, this unique store offers a unique opportunity for the early retiree or for anyone with retail/business savvy looking for the quality of life that a small town in the Blue Ridge affords. www.bedfordhardwarestore.com

Facilities: 3 story, 11,000 sq. ft. lovingly restored 1890's era brick building with original working freight elevator. Central heat/air throughout, several computer stations, all furniture/fixtures included. Located 1 block from center of town, with farmers market and several acres of free parking at rear. Very generous lease terms available ($1500/month) or purchase building from seller for $150,000.

Competition: Retail center for fast growing Bedford, VA. Serving contractor/business, residential and tourist markets. Tourists drawn to National D-Day Memorial, Blue Ridge Parkway, Smith Mountain Lake and Historic Centertown Bedford. Anchor business for a "Main Street" Community. City's only full service hardware. Strengths are broad range of services and merchandise; knowledgeable & available staff; "old time" hardware store atmosphere and loyal customer base.

Growth/Expansion: Opportunity to introduce additional merchandise lines (kitchen/housewares, children's toys, "green products"), income producing sidelines, i.e. tool/equipment rental, or sublease space for complementary services/ products. Door and window sales could be expanded (inventory includes several hundred scratch `n dent doors), and installed sales are a possibility. Inventory also includes antique plow and stove parts, display racks, rare die cut posters, merchandise catalogs and other store treasures, which could be sold onsite or marketed on the WEB.

Seller Financing Available: Yes

Financing: Owner will consider partial financing to a qualified buyer.

Support/Training: Seller will provide ample training.