Established Ace Hardware Store in S.W. Florida

FL

Seller Financing Available
Established Ace Hardware Store in S.W. Florida
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Asking Price: $785,000

Cash Flow: $123,239

Gross Revenue: $1,140,345

EBITDA: N/A

FF&E: $180,000

Inventory: $419,062

Rent: $11,515 /Month

Established: 2007

Established Ace Hardware Store in S.W. Florida

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Business Description

Established Ace hardware store in SW Florida

*Motivated Seller* Sunbelt Business Brokers of Naples and Ft. Myers is proud to offer this well-established Ace Hardware Store located in fast-growing S. W. Florida. The owners are relocating to be near their family in the Tampa Bay Area. The store is extremely well organized with quality paint and hardware products as well as marine and fishing supplies.

The Sale price consists of $365K for the business assets and $420K in inventory, which is less than the cost of starting a new franchise. Please contact Naples Broker Joe Alter for more information about this solid opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,500
Lease Expiration:
10/31/2022
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Ace Store is the anchor location in a strip center. The store is flanked by two successful restaurants and a few other retail establishments. The landlord has agreed to freeze the rent for three years for new ownership!
Competition:
This location is is supported by a fast growing population base which has several master-planned communities going up in the area. The location is very close to the gulf of Mexico which provides the additional opportunity to expand its marine offerings.
Growth & Expansion:
New ownership could benefit from instituting marketing programs through the social networks.
Financing:
For the right offer the Seller would consider holding a small note
Support & Training:
Seller will offer to stay on board for 30 days to train new management.
Reason for Selling:
Relocation
Franchise:
This business is an established franchise
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Contact the Seller

(from currently available funds)
 
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Joe Alter

Business Listed By:
Joe Alter

Sunbelt Business Brokers of Naples and Ft. Myers

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