Business Summary:
Capital Ace Hardware is one of Ace Hardwares top performing stores and has been for years. Centrally located on a prime piece of Real Estate it the Midtown-Downtown of Sacramento it is the only Hardware Store in the Area. The geographic location makes this store imune to any encroachment from a Home Depot or Lowes due to its captive location. The 11,400 foot store has long since adapted to it's market with a very nice inventory turn. The owner is forced to sell due to health reasons and is looking to sell the property along with the business. The Property is currently listed by a cooperating Real Estate firm. Seller will consider financing to a qualified buyer on the business and property as a package. This is a perfect opportunity to get a well priced prime piece of Sacramento Real Estate. The property is zoned for up to 4 stories. The Store easily supports the Real Estate and could allow a future owner to capitalize on the Real Estate development at the appropriate time. The cash flow reflects current market rent.
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