Profitable Hardware Store with Locksmith - 250K Inventory - Great Buy

Manhattan, NY (New York County)

Seller Financing Available
Own a busy hardware store today with seller financing
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Asking Price: $289,000

Cash Flow: $150,000

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: $20,000

Inventory: $250,000

Established: 1978

Profitable Hardware Store with Locksmith - 250K Inventory - Great Buy

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Business Description

This hardware store is dispensing bulk orders from contractors and handyman and provides the locksmith service. A well-established business for 40 yrs in the heart of Manhattan, this large 3800 sqft store is loaded with 250k of inventories and will be given to the buyer without additional charge. The store carries the Benjamin Moore paint which is worth $150K of goodwill. A lot of loyal and regular customers in the area maintain the sale volume. Revenue $1.2 Million, Profits $150K. Price recently reduced to $289K from $450K.

Detailed Information

Location:
Manhattan, NY
Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A service center for handyman, contractors, and locksmith. Vendor of Benjamin Moore paint.
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
Growth & Expansion:
Grow the locksmith and contractor services through online and direct marketing
Financing:
Seller financing terms available
Support & Training:
Full training and support will be provided
Reason for Selling:
Retiring
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Business Location


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Dean Bari

Business Listed By:
Dean Bari

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