Business Overview

SBA Pre-Qualified for 10% down!

This branded store has been a community staple since before you were born!

Very longstanding, branded co-op, hardware store with strong sales year after year. Co-op allows for powerful buying power, with huge rebates received year after year. Very well maintained real estate with additional rental income opportunities will be sold with the store. Prime property on a busy state highway.

The hardware store continues to grow in business and with more effort it can grow even further. The property allows you to expand into rental income and other future ventures.

The store is vital to the community serving local citizens, farmers, local business, contractors and tourists.

Please send an inquiry thru the listing site, and you will get an automated reply with a link to an NDA. Please remember this is a confidential listing. Do not visit the location without confirming with listing broker.

Brokers welcome.

Financial

  • Asking Price: $449,000
  • Cash Flow: $176,955
  • Gross Revenue: $767,850
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $225,000
  • Inventory Included: N/A
  • Established: N/A
Purpose For Selling:

Retirement

Additional Info

The transaction shall not include inventory valued at $225,000*, which ins't included in the requested price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals decide to sell operating businesses. Nevertheless, the genuine factor vs the one they tell you may be 2 totally different things. As an example, they might claim "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might simply be justifications to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in incomes, or a range of other reasons. This is why it is extremely crucial that you not count completely on a seller's word, however rather, utilize the seller's response in conjunction with your overall due diligence. This will paint a more sensible picture of the business's present situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses take out loans in order to cover items such as stock, payroll, accounts payable, and so on. Remember that in some cases this can suggest that profit margins are too tight. Numerous businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that should be met or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location bring in brand-new consumers? Most times, businesses have repeat clients, which develop the core of their everyday profits. Certain variables such as new competitors sprouting up around the area, roadway building, and also staff turnover can affect repeat customers and adversely affect future earnings. One essential point to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the possibility to develop a returning customer base. A last thought is the general location demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? Just how might the local median home income influence future earnings prospects?