Long Established Rural Hardware Store (Real Estate Available)
Washington
| Asking Price: | $1,600,000 |
| Gross Revenue: | $646,330 |
| FF&E: | $85,055 |
| Established Year: | 1925 |
| Cash Flow: | $133,596 |
| Inventory: | $186,135 |
| Real Estate: | $1,397,700 |
Listing ID: 2181602Listing provided by BizBuySell
BUSINESS DESCRIPTION
A wonderful rural southwest Washington community retail store selling hardware, building materials and more. The business has been in the same family since the 1970s. Inventory cost of ~$186K (subj. to change) not included in price. Buildings and land priced separately at $1,200,000. Located between the metro areas and the Coast, this business is nestled in a lovely town without being isolated. Seller willing to consider terms on the business with a strong offer on the property.
DETAILED INFORMATION
Location
Washington
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
This hardware store has been a successful community resource for many decades. It is the only hardware store in the county and there are no other hardware retailers within 30 minutes.
Growth & Expansion
Beyond the typical ups and downs of the economy, the business has built a foundation on exceptional customer service. Customers are pleased that they can come in and be helped personally in contrast to the big box stores like Lowe's or Home Depot.
There are opportunities to increase revenue by expanding some of the core departments. For example, Plumbing is the largest department with the most profitability and expanding on that would be a bonus. There is a lawn and garden section in which they have kept a plant nursery section in the past.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retiring
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