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Asking Price$250,000
Revenue$480,000 Established1990
Cash Flow$125,000 Employees1 full, 1 part
FF&E$100,000 FranchiseNo
Inventory$200,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 30638

Hardware/general store for sale with property and very limited competition. This business is the center of commerce in area. They are well-established with a great reputation. They offer a full line of hardware and home improvement supplies, nursery and lawn care items, sporting goods, gifts, groceries, deli products, newspapers, produce and farm products, in season. There is only one other hardware store that is remotely close, and it is 4 miles away. The closest Home Depot or Lowe's is 24 miles away. The sale price includes $200k in inventory.In the past year, the business grossed approx. $460,000.000 with a cash flow of approx. $149,420,00. You can lease the property with a 20-year lease, but the property is available for sale for an additional $200k, with only 15% down for a qualified buyer withgood credit. That includes one acre or property, the 3,500 sq. ft. store, two apartments (a two-bedroom, generating a rent of $600/month, and a three-bedroom, generating a rent of $800/month), and an additional dry storage space of 30 x 60. We are seeking a serious and financially-qualified buyer with at least $230k in liquid funds to cover the asking price and inventory.

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Training/Support:Seller will train
Seller Financing:250,000.00 Down & SALE PRICE INCLUDES APPROX. $300K IN INVENTORY. PROPERTY AVAILABLE FOR AN ADDITION
Sale Reason:Retirement
Ad #125317
Seller Reference #30638
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