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Well-Established Hardware Store And Service Center For Sale

Indiana, US
Asking Price:
$1,650,000
Sales Revenue:
$5,473,869
Cash Flow:
$480,000

REDUCED for fast sale!!! Well-established (since 1969) hardware store and service center offering a wide range of products and services for residential and commercial customers. The business has a strong online presence with numerous positive reviews.
Asking $1,650,000 PLUS $1,750,000 inventory equals Total Asking of $3,400,000.

RETAIL
The retail division stocks an extensive selection of products, including: Tools, Hardware,
Paint, Electrical, Plumbing, Heating & Cooling, Housewares, Lawn & Garden, Automotive, Outdoor Living, Sporting Goods, Office Supplies, Services
HVAC, PLUMBING ELECTRICAL SERVICES
The company provides expert repair, installation, and maintenance services, including:
HVAC: Comprehensive air conditioning and heating solutions, including emergency repairs, installations, and maintenance, with a focus on energy efficiency and a one-year warranty.
ELECTRICAL: Wiring, lighting, panel upgrades, and commercial refrigeration support, ensuring safety and code compliance with 24/7 emergency availability.
PLUMBING: Full-service plumbing, from leak repairs to water heater services and advanced drain cleaning, with 24/7 emergency support.
Approximately 20% of services cater to commercial clients.
REVENUE STREAMS
The business generates income from: Retail sales, Service contracts, Construction projects

EMPLOYEES
The dedicated team of 27 employees includes: 2 owners, 6 service technicians, 5 installers, 2 General managers (of Service and Construction depts.), 7 Salespeople on the retail floor, Administrative and assistants

REAL ESTATE
Four buildings on 5 acres:
22,000 sf retail store, showroom and service center
8,400 sf enclosed (two overhead doors) inventory and storage warehouse
6,900 sf building materials storage shed (open front)
5.400 sf 7-bay vehicles storage shed (open front)

Acquiring the Real Estate Returns $144,000 to Cash Flow!

Property Information

Real Estate:

Real Property Included

Location:

Just off the major highway encircling the city.

Premises Details:

REAL ESTATE Four buildings on 5 acres: 22,000 sf retail store, showroom and service center 8,400 sf enclosed (two overhead doors) inventory and storage warehouse 6,900 sf building materials storage shed (open front) 5.400 sf 7-bay vehicles storage shed (open front).

Acquiring also the real estate removes $12k/month expenses, returning $144,000 to Cash Flow.

Size in square feet:
22,000

Business Operation

Expansion Potential:

Online sales, including building materials, expansion of the services teams

Competition / Market:

Amazon. The closest Home Depot is 20 miles. The closest Lowe's is 18 miles. This store offers a large hardware store with knowledgeable sales people, and three sets of additional services: installation and repair for hvac, plumbing and electrical contracting services. For full service, there is NO comparison

Reasons for selling:

Other business interests, retirement from the industry, a growing family

Trading hours:

Monday-Saturday, 7 am to 6 pm

Employees:
27
Years established:
57

Other Information

Support & training:

Sellers will stay for a negotiable period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The seller will offer up to 10% to the right buyer.

Furniture / Fixtures value:
$404,466
Inventory / Stock value:
$1,750,000