Retail - General Merchandise Stores | Retail - Blding Mat., Hardware, Garden

Asking Price	$795,000	Inventory	$400,000*
Gross Income	$1,051,200	Real Estate	$1.9 million**
Cash Flow	$159,000	Year Established	1996
FF&E	$35,000*	Employees	9

* included in the asking price

** not included in the asking price

This profitable business serves thousands of customers with everything a homeowner or local contractor would need on a daily basis. This is a national co-op store and not a franchise. The closest competition is over 60 miles away. The store has professional managers and staff which permits the current owner to travel. The business has a superb neighborhood reputation for friendly, quality service. There are over 250 local charge accounts and there are no past due accounts. The financials are solid and verifiable. Current owner has owned the business and property for 12 years. Property can be either leased or purchased. This business will likely qualify for an SBA Guarantee.

Facilities: Building sits on 1.1 acres located on a corner lot of a very busy highway.Building was built in 1996 and has been the location of a hardware, variety store for over 35 years. Owner recently incurred cost of $50,000 for new air conditioning, roof and resurface parking lot. There are 43 parking spaces.

Growth/Expansion: The community needs a rental store and this service could be added to the current loction to increase profitability.

Financing: Seller will carry up to 30% of the selling price

Support/Training: Seller will provide training for one month.

Reason Selling: Seller is retiring.