Established Hardware Company
Ada County, ID
| Asking Price: | $600,000 |
| Inventory: | $525,000 |
| Gross Revenue: | $1,516,306 |
| FF&E: | $76,353 |
Listing ID: 2267762Listing provided by BizBuySell
BUSINESS DESCRIPTION
The company has a strong track record of providing quality hardware to retail and commercial customers and has been in existence for over 40 years! The company is a niche provider of hardware, with a long track record of excellent customer service and product knowledge. The company supplies everything for the general contractor, shop supplies for mechanical and repair shops, and general hardware supplies for the do-it- yourselfer (DIY) and handyman. The company has a strong track record of consistent growth in sales and profit. The company’s revenue mix has historically been evenly distributed between retail and commercial customers, but with the rapid growth in the company’s primary service areas, sales have increase more in retail.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Ada County, ID
Inventory
Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates in the Treasure Valley off a busy business road. The business enjoys a favorable rent available to a new owner. There is ample space to expand product offerings and increase growth and sales.
Competition
The strengths of the business include the niche product market, and the strong reputation in providing unmatched customer service to its retail and commercial clients. The company has a very long track record of providing excellent customer service, which can be leveraged to expand offerings and grow faster. A new owner could take an active role in operating the business, or could continue to manage passively.
Growth & Expansion
The ideal buyer would be another hardware company looking to expand further in the Treasure Valley, or a new owner looking for a new opportunity to expand and grow.
THE POSSIBILITIES
There is an opportunity to continue to grow sales across the company’s primary service areas, and a new owner could provide other services to their strong client base of contractors and mechanical and repair shops. The company could also focus on growing their retail market share through more promotion and further awareness of their strong customer service and product kn
Reason for Selling
After growing the business and its strong reputation, the owner wishes to retire
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