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Listed by:

Cincinnati Business Brokers

Twenty Five Year Hardware Store Cash Flow For Sale

Cincinnati, Ohio, US
Asking Price:
$359,000 Furniture / Fixtures included
Sales Revenue:
$1,730,000
Cash Flow:
$230,000

The retirement aged owner of this independent hardware store has done a wonderful job of hiring excellent employees, organizing and merchandising the products and services, and increasing bottom line profits. This is not a mom and pop store, but an exceptionally operated company which has continued to grow in sales each year. While the big box stores are huge and impersonal, this store has remained small and very personal with knowledgeable associates and the entrepreneurial spirit of its owner. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
Brand name products
No debt in the business
Pandemic / recession resistant
Solid / experienced staff in place
Price includes $160,000 of assets
Computerized operation with POS system in place
Commercial accounts along with steady retail traffic
Clean books and records – all numbers are verifiable

Property Information

Real Estate:

Lease

Premises Details:

This is an 8,000 square foot facility with attractive signage, excellent parking, nicely organized aisles, well – stocked, and a welcoming staff.

Business Operation

Expansion Potential:

This location is in a growth area of Cincinnati. The products and services will be in great demand in the future. Expanding the number of contractor accounts would be a great way to increase growth along with expanding the grill selections.

Competition / Market:

This is a competitive industry, but the seller has produced great top and bottom line figures by providing a great customer experience, hiring excellent employees, and promoting and merchandising his company’s products and services.

Reasons for selling:

The mid – 60’s owner wishes to fully retire after successfully transitioning to the buyer.

Trading hours:

Monday - Sunday

Employees:
10
Years established:
25

Other Information

Support & training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Financing available:

SBA loan qualified

Furniture / Fixtures value:
$160,000 - included in the asking price
Inventory / Stock value:
$420,000