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Local One-Stop Shop Hardware Store for sale in CT

Connecticut (CT)

Asking Price: Gross: Cash Flow:
$ 1,810,000 $ 5,218,000 $ 400,000

Furniture and Fixtures Value:
$ 277,600 (included in the asking price)

Inventory Value:
$ 1,027,702 (included in the asking price)

Real Estate:
$ 1,100,000 (not included in the asking price)

Business Summary:
This family-owned hardware business operates primarily in the tools business/industry within the building materials, hardware, garden supplies, and mobile homes sector. The store has been operating for approximately 66 years. They can provide all your rental needs for the occasional party, to all your rental needs for lawn and garden equipment and home improvement requirements. Their variety of outdoor power equipment is second to none. They provide repair, maintenance, and warranty work on most major brands of equipment. They are known for their friendly and knowledgeable staff who is experienced, and factory certified.

 

   
Year Business was Established: 1925
   
Number of Employees: 25FT/12PT  
   
Potential Growth/Expansion: They sell a lot of power equipment and could use floor planning to expand this area. Sales are very good and might be able to grow if the facilities were expended. Rental could be expanded with the right help.  
   
Competition: All the big boxes are fairly close. And they have two Ace stores within two miles.  
   
Reason for selling: Retirement  
   
Seller Reference Number: 13-030
BusinessMart.com Listing Number: 309385
 

 

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For more info contact:

Roy Huffman

First National Business Corp
816-799-0911

CONTACT SELLER

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