Tupelo Data Room
Building Material & Hardware Stores
Active

Hardware Store with Rental and Large Appliance Business

Kansas, United States
listing image
Asking Price$800k
Revenue$1.35m
EBITDA-
Cash Flow$199k
Description
The store was started in 1947 and is well known for hardware and appliances. Sales are about 65% hardware and 35% appliances. It has a large trade area. The employees are knowable and require little supervision. They have seven full time and four part time employees. They provide service on the appliances they sell. Management is looking to retire.
Real Estate
$900kNot Included in Asking Price
Furniture Fixtures & Equipment
$260k
Inventory
$408kIncluded in Asking Price
Number of EmployeesFull-Time: 7Part-Time: 4
Year Established
1947
Reason Selling
Retirement and Health
Support & Training
Has staff that can manage the business. Owner will assist for up to six weeks.
Market & Competition
Big box stores are a little more than 20 miles from this town. There Is has one other hardware and lumber yard in town.
Growth Opportunities
The rental department has room to grow. Opening on Sunday would help with hardware sales.
Asking Price$800k