Independent Commercial & Retail Hardware Store

OH

Seller Financing Available
Hardware Store
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Asking Price: $249,000

Cash Flow: $56,000

Gross Revenue: $490,000

EBITDA: N/A

FF&E: $35,000

Inventory: $250,000*

Established: 1910

*not included in asking price.

Independent Commercial & Retail Hardware Store

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Business Description

Many income sources in this market-leading proven 110 year old independent commercial hardware/retail hardware and industrial contractor supply warehouse including U-Haul, firearms, professional grade Milwaukee Power Tool distributor, Pratt & Lambert exclusive paint distributor, glass cutting, plumbing and pipe threading, roof coating, fasteners, electric, lawn and gardening, hand tools, yard tools, grass/garden/fertilizer, etc. North central Ohio community surrounded by two additional large metropolitan areas totaling approximately one million populous. Housed in an all brick three story, 12,500 SF building with extra lot for parking and three parcels to be leased. Well-trained staff with $491,946 in gross revenue, $57,000 in seller discretionary cash flow and $250,000 in inventory, $35,000 furniture, fixtures, equipment, priced to sell at only $249,000 with potential 50% seller financing if approved. If you’ve been looking for a validated established multi-income source independent commercial hardware business, check this one out.

The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice.

The real estate is presented by EMMCO Realty Group, Coldwell Banker.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
12,500 sq. ft. leased space
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Contact the Seller

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Jeffrey Bury

Business Listed By:
Jeffrey Bury

Sunbelt Business Brokers of Northern Ohi

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