Building Material & Hardware StoresActive
Hardware Store with Rental and Large Appliance Business
DescriptionThe 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
Reason SellingRetirement and Health
Support & TrainingHas staff that can manage the business.
Owner will assist for up to six weeks.
Market & CompetitionBig box stores are a little more than 20 miles from this town. There Is has one other hardware and lumber yard in town.
Growth OpportunitiesThe rental department has room to grow. Opening on Sunday would help with hardware sales.