* Included in Asking Price
The store is a family owned business that opened in 1945. The business was incorporated in 1968 and they moved to the current location in 1980. The Business services all of the mountain communities in the area, and there are virtually no competition. The nearest major competitor is approximately 45 miles away.
Sale price includes the real estate valued at $1,538,528 with 22,868 sq. ft. under roof and 116,305 sq. ft. net usable land, the inventory valued at $878,692, and the furniture, fixtures, equipment and goodwill. The brand is one of the most recognized in the industry.
The hardware industry has been growing steadily over the last 5 years.Â
Required Licenses: Business
Real Estate Number: BRE 556588
|Competition:||In the Hardware Store Franchises industry, household consumers generate the largest share of the industry revenue, accounting for 63.1% of revenue in 2020.|
|Growth Potential:||The Business could add a glass and screen shop, knife sharpening, tool rental, and there may be some underutilized space that could be lease and some of the land may be used for RV storage.|
|Training/Support:||Seller will negotiate a transition period|
|Seller Financing:||SBA Lending Candidate for a qualified buyer|
Seller Reference #BAKERCA001-N968
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