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Nw Florida Hardware Store W/Property For Sale

Florida, US
Asking Price:
$550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$140,462
Cash Flow:
$39,470

This 5,284-sf Hardware Store with a 1,500-sf 4-bedroom residential rental unit on a +- .92-acre lot stands as a testament to the enduring value of a community-centered business. For over four decades, this longstanding hardware store has been a mainstay of this community in the NW Florida Panhandle. They offer a wide array of products and services. From the smallest nuts and bolts to custom mixed paints, key cutting, and essential plumbing and electrical supplies. Custom-built window screens along with repairs and replacements have been core services popular throughout the surrounding area. Custom picture frames, custom cut glass and plexiglass. Custom cutting and threaded gas and galvanized water pipes are also provided for those tricky repair projects. Its unique location, as the sole provider over 4 miles from the nearest competitor—has cemented its status as a vital resource in the area. As the current owner prepares to retire, this turn-key operation presents a remarkable opportunity for an entrepreneurial individual to continue a legacy of success and community service.
Facilities:
Includes 2 Rigid 35 pipe threading machines, Chop saws, gondolas, shelving and display cases
Real Estate Available: No
Real Estate Included: Yes
Real Estate Value: ON REQUEST
Real Estate Description:
5,284-sf Hardware Store with a 1,500-sf 4-bedroom residential rental unit on a +- .92acre lot

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Owner worked hours per week: 54
Market Competition: Market outlook is strong with new multifamily projects in the vicinity on the planning table.
Sole hardware store within 4-mile radius.

Property Information

Real Estate:

Real Property Included

Size in square feet:
6,784

Business Operation

Reasons for selling:

Owner retiring

Employees:
Part Time: 1
Years established:
65

Other Information

Support & training:

Owner will provide up to 30 days of training in transition

Financing available:

Downpayment Required: $20,000.00

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price