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Asking Price
$975,000

Annual Cash Flow $230,000

Annual Revenue $900,000


EBITDTA:

FF&E: $40,000

Ref ID:

Real Estate: $300,000

Established: 1991

Business Description

Welcome to this friendly neighborhood hardware store. When you walk into this Hardware Store you will notice a clean well stocked hardware store with organized displays of all the tools and supplies needed to fix most anything. This busy hardware store carries a long list of items; electrical supplies, fasteners, garden seed, fertilizer, pine straw, construction hay, plumbing supplies, hand tools, and much more than this short list. Providing services for its long list of customers and contractors that shop here; small engine repair, propane and kerosene refill, chainsaw and lawn mower blade sharpening, cut keys plus more. This Hardware Store can also provide storage units on site in many different sizes. The current owners have built up this business every year for many years. They have brought sales up to approximately $900,000.00 annually that produces around $230,000.00 in cash flow. Using the point of sale system, they can monitor sales to keep up inventory and restock with frequent shipments of new inventory to maintain these sales numbers. Inventory is around $75,000.00 and furniture fixtures and equipment included is more than $40,000.00. Property is valued at $300,000.00 by county tax records. This business sale includes all inventory, FF&E, the property and buildings and can be making you money from day one of ownership for $975,000.00

Detailed Information

State:AL

Listing Agent:David Chew

Inventory: Included in asking price

Real Estate:

Building SF: 3000+

Employees: 4

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Mobile

Phone:205-903-3737

Facilities: main building and storage areas

Support & Training: 30 days

Reason for Selling: Retirement

Growth & Expansion: additional services and merchandise

Financing: Down payment Driven

Competition: not for 8 miles