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Established Hardware Store/Small Engine Repair Business In Minnesota For Sale

Minnesota, US
Asking Price:
$100,000 Furniture / Fixtures included
Sales Revenue:
$1,308,493
Cash Flow:
$52,653

The owner works 28 hours per week. Well-established hardware store with a small engine repair business. Sells and services lawnmower and snow removal equipment for the residential market. Located in a dynamic south suburb in a retail area with many substantial national retailers, it is one of the top trade areas in this suburb of 68,850+ people. In 2023, over 50% of sales came from the following 3 categories: new power equipment, lawn & garden, and service income. The price is $100,000 plus inventory. For additional information, please contact Nick Strandberg.

Property Information

Real Estate:

Lease

Lease Terms:

Per Month

Leasehold Rent:

$7,594 per annum

Size in square feet:
8,700 sq ft

Business Operation

Reasons for selling:

Retiring

Trading hours:

Mon-Fri 9am to 8pm, Sat 9am to 5pm, Sun 10am to 5pm

Employees:
4 Full-time, 8 Part-time
Years established:
48

Other Information

Support & training:

Negotiable

Furniture / Fixtures value:
$70,000 - included in the asking price
Inventory / Stock value:
$500,000