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Established Hardware Store In Western Maryland For Sale

Cumberland, Maryland, US
Asking Price:
$399,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$350,000
Cash Flow:
$165,000

Owners retiring. Turnkey operation. In business over 60 years. Present owners 35 years. Moved business to present location in 2005. Currently True Value Hardware of Cumberland. Updated 6000 sq. ft. single story brick building with parking lot. High traffic location. Selling inventory, fixtures, equipment and real estate. Would consider selling building separately. Established customer base. Sales consistent last 35 years. Last 15 years sales average $350K with cash flow average $165K. Sales 2020 $371K. Monday-Friday open 8:30-5:00, Saturdays 8:30-2:00. No evening hours and not open on Sundays. Nominal advertising. Ideal business for somebody who wants to work. Room for growth in various areas of business. Assets of business: building, inventory, fixtures and equipment $489K. Asking price $399K. Negotiable.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Location:

High Traffic Location

Premises Details:

One Story 6000 sq. foot Brick Building with Parking

Size in square feet:
6,000

Business Operation

Expansion Potential:

Outdoor Furniture, Lawn & Garden, Screen & Window Repair, Locksmith Services, Expansion of Paint Department, Camping and Pool Supplies, Additional Advertising, Promotions and Expanded Hours of Operation, Delivery Services.

Competition / Market:

Lowes, Ace Hardware

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 8:30-5:00; Sat 8:30-2:00; Closed Sundays

Employees:
3
Years established:
1961

Other Information

Support & training:

Present Owners Would Be Available For Short Transition And Training Period

Furniture / Fixtures value:
$74,000 - included in the asking price
Inventory / Stock value:
$160,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Seller

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