The store started in 1984 at 7,000 sq ft. and has now been expanded to just over 15,000 sq ft. with a selling area of about 11,500 sq ft. They added the rental department in 2000. The store was remodeled using the True Value format in 2008. In 2010, they won the True Value award of Best Hardware Store in Town. Again, they did a refresh of the format in 2016. In 2023, the city awarded them the Best Business in Town Award.
The store has over 4,000 rewards customers among their loyal customer base of homeowners, professionals and commercial accounts.
Their employees are loyal and knowledgeable, some having been with the business for over 20 years.
They carry a full line of hardware and cover the needs of all their customers. They also have a rental department that provides the needs of the homeowners and commercial customers.
This is a great opportunity due to the current owner looking to retire.
- Asking Price:
- $700,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,931,000
- Cash Flow:
- $197,300
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Property is about .84 acres. The building has 15,400 SQ. FT with a selling area of 11,472 Sq. FT. There is parking for up to 40 vehicles.
Business Operation
- Competition / Market:
-
Several big box stores within the surrounding area.
- Reasons for selling:
-
Retirement
- Employees:
- 16
- Years established:
- 40
Other Information
- Support & training:
-
Seller will assist for up to four weeks.
- Furniture / Fixtures value:
- $252,500 - included in the asking price
- Inventory / Stock value:
- $486,711 - included in the asking price
