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

Asking Price	$70,000	Inventory	$150,000**
Gross Income	$526,000	Real Estate	$235,000**
Cash Flow	$75,000	Year Established	1946
FF&E	N/A	Employees	10

* included in the asking price

** not included in the asking price

In business since 1946. Traditional hardware store, but with other services such as small engine repair, full service tool sharpening, full service glass and screen repair, full service spa and pool sales and service, and more. Extremely strong in plumbing and electrical supplies, and in servicing existing customers. Also, it is the largest supplier of after market auto sheet metal in this area (fenders, hoods, doors, etc.). This store's customer base is not only in Toledo, but it also reaches into southern Michigan. Because of the owners' infirmities, they have shortened the hours (they now close at 5:30). It is thought that if the store were opened from early morning to 7:00 p.m. business would significantly increase. Comments: The owners are very motivated. The store needs an infusion of new blood. The owners are infirm (they are husband and wife, and have both had major surgeries in recent years and need to retire), tired after 26 years in business. They will consider any reasonable offer, and will be very liberal. In addition to the building's lot, there are four parcels adjacent to the store that are vacant. They are offered either for sale or for rent, and would be perfect to add adjunctive business(es), such as equipment rental company. Also, owners are infirm, and therefore have not been aggressive in going into the community to drum up business, which is there for the asking.

Facilities: 12,000 sq. foot buolding, including engine repair facility.

Competition: Limited competition on this side of the Maumee River. Practically no competition for one its specialties: after-market auto body parts.

Growth/Expansion: Much expansion possible. Because of their ages and conditions, sellers close shop at 5:30, and open late. Expanded hours could materially increase business!

Financing: Seller will strongly consider some take-back financing

Support/Training: Seller will stay as long as desired.

Reason Selling: Age, surgeries, health