Unique Independent Hardware Store w/Specialty in Theater Supplies

Boston, MA (Suffolk County)

Hardware
Contact Seller

Asking Price: $395,000

Cash Flow: $85,000

Gross Revenue: $620,000

EBITDA: N/A

FF&E: $50,000

Inventory: $275,000

Rent: $4,950 /Month

Established: N/A

Unique Independent Hardware Store w/Specialty in Theater Supplies

Save Print Share Valuation Report

Business Description

Located in Boston’s designated “Innovation District”, this well-established store sells Hardware and Specialty Goods to Commercial Accounts, the Marine Industry, and to the Theater and Movie Industries. It is situated in a busy downtown location adjacent to commercial businesses, hotels, condominium and urban residences, as well as the Boston waterfront. In addition to offering a traditional line of hardware items to the surrounding commercial businesses, this unique hardware store has specialized in developing a complementary line of theater supplies and related hardware items to capture sales with New England’s theaters, television studios, film companies, universities, high schools, etc. in this under-served niche market. The store sells traditional industry hardware items to the surrounding business, fishing fleet and ship drydock retrofitters. The theater communities are offered unique industry products including Scenic Paints (Rosco, Artist’s Choice, Modern Masters), Scenic Supplies (flame proofing, fog fluid, sandbags), Tapes (gaff, floor and painter’s tape), Rigging Supplies (pipe clamps, dee rings and plates, cable, turnbuckles), Fabrics (muslin, duvetyn, cheesecloth) and much, much, more… The business is a member of the Orgill Coop for purchasing hardware items. It employs 2 full-time sales people in addition to the owner.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This retail store has 5,000 SF and includes a large glass storefront window, separate business office, and loading dock. Rent is $4,950 per month. An attached free parking area is provided in the front with additional adjacent municipal parking in the area.
Growth & Expansion:
With targeted promotion to its unique niche markets, an active owner/operator can grow sales by leveraging the excellent reputation and goodwill with current customers. Active development of film studios in Boston, the South Shore and Fort Devens offers significant new sales opportunities. Expanded national marketing of theater supplies via the internet can also be pursued.
Support & Training:
Owner will stay on to train.
Reason for Selling:
The owner is retiring.
Contact Seller

Contact the Seller

Contact Seller Loading

Bob Karlis

Business Listed By:
Bob Karlis

Cabot Business Brokers

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1589478 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Vitality Bowls

Franchise Opportunity In MA
Capital Required: $200,000