Well-Established Hardware Store & Small Engine Repair Business

Minnesota
Hardware Store
Asking Price:$100,000
Gross Revenue:$1,308,493
FF&E:$70,000
Cash Flow:$94,653
Rent:$7,594/Month
Established Year:1975
BUSINESS DESCRIPTION

Owner makes $45,000, Manager makes $42,000, which totals $87,000 as stated above in own/manager salary. Well-established Hardware Store with small engine repair business. Sells and services lawnmower and snow removal equipment for the residential market. Located in a dynamic south suburb in a retail area with many substantial national retailers so it is one of the top trade areas in this suburb of 68,850 plus people. Over 50% of sales came from the following 3 categories: New Power Equipment, Lawn & Garden, and Service Income in 2023. The price is $100,000 plus inventory. For additional information, please call Nick Strandberg.


DETAILED INFORMATION
Location
Minnesota
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,700
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
Great opportunities for growth with a motivated buyer!
Support & Training
Negotiable
Reason for Selling
Retiring
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