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Home Hardware & Accessories Business

Mid West

Home Hardware & Accessories Business
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Asking Price: $1,815,000

Cash Flow: $106,100

Gross Revenue: $597,350

EBITDA: N/A

FF&E: $165,000

Inventory: $1,210,000

Real Estate: $275,000*

Established: 2010

*not included in asking price.

Home Hardware & Accessories Business

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Business Description

This listing is for a specialty door hardware & hinges business located in the Midwest United States that is available to a qualified buyer. This business offers a buyer a six-figure income and it is a one-stop shop for all kinds of unique, custom and hard-to-find door, cabinet and furniture hardware. The business features a retail store that sells specialty antique & locksmith products. They are also fully capable of replicating any existing hardware as well. If they don’t carry a product, customers can be assured that they can make it. The business also has their own shop to repair and replace hardware products and more. They also specialize in bath, kitchen & architectural hardware, door knockers & mailboxes and registers and grills for the home. Services like polishing and plating are also offered. This business has consistently yielded the owner a strong yearly income of over six figures. Over $1,000,000 in assets is to be transferred with the business sale as well. Their real estate which is valued at $275,000, is available separately. They market their products to individuals, home owners, interior designs, general contractors and more. There is great growth potential in the business as well. A new owner could double their sales with additional support. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
5,600
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,500 sq ft retail store. 1,100 sq ft warehouse. 1,000 shop. Available separately from the asking price and valued at $275,000
Growth & Expansion:
Open Sundays, Advertise, Add Online Sales and Ebay presence, Add Additional Support, Increase Sales/Marketing Territory
Support & Training:
Owner will train the buyer for 4 weeks
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tommy Farmer

Business Listed By:
Tommy Farmer

The Marvin Group LLC

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