ZG-3143 Hardware Store- Eastern Cincinnati Area

OH

ZG-3143 Hardware Store- Eastern Cincinnati Area
Contact Seller

Asking Price: N/A

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

ZG-3143 Hardware Store- Eastern Cincinnati Area

Save Print Share Valuation Report

Business Description

Description. This is a typical, full service, independent hardware store east of the Greater Cincinnati area. It has everything and more that a hardware store should have, including hard to find items the big box retailers don’t carry.

Niche. It is convenient, prices are fair, and employees have knowledge to assist customers.

Opportunity. The Business has no web site; a web site could increase awareness and provide “specials” to attract customers. More aggressive advertising would bring awareness. Product lines could be added, and existing product lines expanded. Another growth opportunity would be to expand into the 4,000 Sq. Ft. adjacent to the current store.

Financial. Sales in 2018 were just under $700,000. Gross Profit was over 45%, an increase over 40% the prior two years. Net Profit (before Owner Comp) and EBITDA have been in excess of 10% of Sales.

Management; Employees. The Owner manages the Business. In addition to the Owner, there are three full time and six part time employees.

Assets. Personal Property Assets include racks, shelving, displays, computers, and software.

Facility. The 6,800 sq. ft. store is in a building with other tenants. There is room to expand by adding 4,000 sq. ft. if desired. The Real Estate is for sale or lease.
Competition. There are similar, locally owned hardware stores in the area. Big box retailers – Home Depot, Lowes, Walmart – are competitors, but not as convenient to customers as the Business.

Reason for Sale. The Owner will retire after any reasonable transition period as requested by a buyer.

What’s for Sale. Inventory, Personal Property Assets, name, phone numbers and other Goodwill of the Business are for sale. Inventory will be valued at cost with appropriate discounts for older, out of date items.

Asking Price. Please contact us to discuss price and sale structure.

Contact Seller

Contact the Seller

Contact Seller Loading

John Zoellner

Business Listed By:
John Zoellner

Zoellner Garten & Company

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#:1668147 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


Winnie Couture

Franchise Opportunity
Cash Required: 150000