Luzerne Hardware & Rental Inc.

Luzerne, MI (Oscoda County)

Luzerne Hardware
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Asking Price: Get Financing: $255,000

Cash Flow: N/A

Gross Revenue: $422,000


FF&E: $120,000

Inventory: $140,000*

Real Estate: $135,000

Established: 1935

*not included in asking price.

Luzerne Hardware & Rental Inc.

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Business Description

Hardware store for sale, established in 1935. A 50' X 50' addition was built in the year 2000. Our store has been a member of the Do it Best Corp. hardware cooperative for 18 years. We are located in a small loyal tourist community. We are situated at the trailhead for ORVs, snowmobiles and horse trails. Also, the mighty AuSable River attracts tubers, anglers, and campers from all over.

Attached Documents

Detailed Information

Not included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
30' X 40' steel gambrel barn with upstairs storage, 12' X 30' lean-to on one side and pipe shed on other. Extra lot used for outdoor storage income, has a 21' X 44' steel building. 20' X 20' carport. 12' X 20' greenhouse with galvanized racks. Convenience lumber, concrete block, bagged cement products. Store has a large line of plumbing and electrical, a paint department featuring Valspar paint and Cabot Stains. Husqvarna Chainsaws, trimmers & blowers, lawn & garden, housewares & canning, and automotive are some of the store departments. There is a large selection of bird feeding supplies. Wood and pellet stoves, and pipes and fittings for stoves are also sold. Hillman Fasteners, DNR licenses, hunting, camping and fishing supplies are also other store departments. We are also dealers for American Steel Carports, Stormy Kromer Hats, and Oregon Saw Chains.
The nearest competing hardware store is over 8 miles away. The nearest home improvement superstore is over 45 miles away.
Growth & Expansion:
The store has a potential for small engine repair.
Support & Training:
Support and training provided as needed.
Reason for Selling:
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John Sargent

Business Listed By:
John Sargent

Do it Best Corp.

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