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Listed by:

First National Business Corporation

Local One-Stop Shop Hardware Store In Connecticut For Sale

Connecticut, US
Asking Price:
$1,810,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,218,000
Cash Flow:
$400,000

This family-owned hardware business operates primarily in the tools business/industry within the building materials, hardware, garden supplies, and mobile homes sector. The store has been operating for approximately 66 years. They can provide all your rental needs for the occasional party, to all your rental needs for lawn and garden equipment and home improvement requirements. Their variety of outdoor power equipment is second to none. They provide repair, maintenance, and warranty work on most major brands of equipment. They are known for their friendly and knowledgeable staff who is experienced, and factory certified.

Property Information

Location:

Located on major highway.

Business Operation

Expansion Potential:

They sell a lot of power equipment and could use floor planning to expand this area.
Sales are very good and might be able to grow if the facilities were expended.
Rental could be expanded with the right help.

Competition / Market:

All the big boxes are fairly close. And they have two Ace stores within two miles.

Reasons for selling:

Retirement

Employees:
37
Years established:
1925

Other Information

Furniture / Fixtures value:
$277,600 - included in the asking price
Inventory / Stock value:
$1,027,702 - included in the asking price