Profitable Hardware Store *** 250K inventory *** Busy Area

Manhattan, NY (New York County)

Seller Financing Available
Own a busy hardware store today with seller financing
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Asking Price: $295,000

Cash Flow: $150,000

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: $20,000

Inventory: $250,000

Established: 1978

Profitable Hardware Store *** 250K inventory *** Busy Area

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Business Description

A well-established hardware store, 40 yrs. in business, situated in the busy district of Manhattan, this large 3800 sqft store is loaded with 250k of inventories will be given to the buyer without additional charge, The Benjamin Moore paints brand worth $150K of goodwill is included too. A lot of loyal and regular customer base. Total sale $1,200,000. Profit $150,000. Asking $290,000. The price has been reduced by $150,000. The owner is retiring and will train and coach the buyer.

Detailed Information

Location:
Manhattan, NY
Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
No competitor nearby, lots of pedestrians, large customer base, easy to operate, full training, inventory included, goodwill included, well established, Friendly and cooperative seller, owner financing option available
Financing:
Seller financing terms available
Support & Training:
Full training and support will be provided
Reason for Selling:
Retiring
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Dean Bari

Business Listed By:
Dean Bari

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