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Ace Hardware - El Paso For Sale

El Paso, TX (El Paso County)

Ace Hardware - El Paso For Sale
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Asking Price: $300,000

Cash Flow: $145,330

Gross Revenue: $1,880,463

EBITDA: N/A

FF&E: $200,000

Inventory: $494,000*

Real Estate: N/A

Established: 1980

*not included in asking price.

Ace Hardware - El Paso For Sale

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Business Description

This Ace Hardware store opened in the El Paso area in 1980, has been in business for 37 years, & has been operated by the same owners since its opening. It is easily the dominate hardware store in the part of town it is located and is well known by area residents. This is an exceptional opportunity for someone wanting to get into this industry at a very fair price.

* Sale Price is plus inventory of $494,000.

The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.

The Seller has listed this business to be sold through an asset transaction vehicle and not through a securities transaction vehicle. This is not an offer to sell securities. This is not a solicitation to sell securities.

Listing Broker GBS Business Brokers. For more information, please contact Tom Given, Principal @ 918-585-1900 or email given@libertyexchange.com.

Detailed Information

Location:
El Paso, TX
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The real estate is owned by the Company’s shareholders and they would be happy to either lease to the current owner at $8,000 per month or they would sell the real estate to the new owner as part of this purchase transaction (real estate is for sale by owner, not by broker). ** The store is well maintained and is approximately 16,500 sq ft (approximately 20,000 sq ft including the warehouse)
Competition:
The company is the dominant supplier of hardware products in the area it serves.
Growth & Expansion:
Significant potential additional revenue and profits would be realized by adding additional stores. Once the new owner acquires the store, they will be eligible for significant financial assistance from Ace corporate headquarters to expand into other territories. The owner will discuss these opportunities with a qualified buyer.
Support & Training:
Significant training will be provided by current owner.
Reason for Selling:
Owners have been running this business for 37 years and wish to retire.
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(from currently available funds)
 
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Tom Given

Business Listed By:
Tom Given

LibertyExchange.com Network

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Sponsoring Broker:
Liberty Exchange.com Various Brokers

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