Traditional Hardware Store and Lumber Business

NM

Seller Financing Available
For more information about this business, contact FNBC at (866) 800-0990.
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Asking Price: Get Financing: $1,500,000

Cash Flow: $98,235

Gross Revenue: $1,208,608

EBITDA: N/A

FF&E: $38,657

Inventory: $549,217

Real Estate: $950,000

Established: 1988

Traditional Hardware Store and Lumber Business

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Business Description

A traditional hardware/lumber business, founded in 1988 and servicing the community with a great reputation for all those years. Personal and knowledgeable service and trained employees make sure that most conceivable needs of its customers are met and often exceeded. New owners will step into a situation with modern POS, formidable group buying power alongside other members of the nationally recognized co-op. Seller training means that there will be a minimum of disruption when actual change in ownership takes place. Solid employee base has allowed the owners to not be tied to the business on a seven day per week basis.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
13,000
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business is located in affluent suburb of nearby city. Home Depot is 15 miles or more away from the store.
Competition:
There are several small hardware stores as well as Home Depot and Lowe’s although they are at least 15 miles distant from the business being offered. The company offers traditional hardware items as well as gardening supplies, housewares, lumber and paint, and such other services as pipe threading, key service, screen and glass repair and cutting, etc.
Growth & Expansion:
The company could expand its organic gardening product line for immediate growth.
Financing:
Seller is willing to consider financing of the real property for a qualified buyer.
Support & Training:
Owners will train in all aspects of accounting and management, ordering, sales, and human resources. It is anticipated training period would not exceed 30 days. In addition, retail merchandise support is available on a continuing basis.
Reason for Selling:
Retirement
Business Website:
http://www.fnbcusa.com
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Tom Buckley

Business Listed By:
Tom Buckley

FNBC Kansas City

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