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Hardware And General Store With Property In Delaware County For Sale

Delaware County, New York, US
Asking Price:
$200,000 Inventory / Stock included
Sales Revenue:
$436,000
Cash Flow:
$148,420

Hardware-General Store with Property and very limited competition. This business is the center of commerce in area. They are well established with a great reputation. They offer a full line of hardware and home improvement" supplies, nursery and lawn care, sporting goods, gifts, grocery, deli, newspapers, produce and farm products in season. There is only one other hardware store that is remotely close and it is 4 miles away. The closest Home Depot or Lowe's is 24 miles away. The sale price includes $200k in inventory. In the past year the business grossed approx. $460,000.000 with cash flow of approx. $149,420,00. You can lease the property with a 20 year lease , but The property is available for sale for an additional $200k with only 15% DN For a qualified buyer with good credit. That includes 1 acre or property, the 3,500 sf. store, 2 apartments (2 bedroom generating a rent of $600/mth. and a 3 bedroom generating a rent of $800/mth.), an additional dry storage space of 30X60. We are seeking a serious and financially qualified buyer with at least $230K in liquid funds to cover the asking price and inventory. All site visits must be discreet. Please do not mention the sale when visiting the location.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement.

Employees:
2

Other Information

Support & training:

The seller will train the new owner.

Financing available:

200,000.00 down & sale price includes approx. $200k in inventory. Property available for an additional $200k.

Furniture / Fixtures value:
$100,000
Inventory / Stock value:
$200,000 - included in the asking price

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