This well-known hardware store is the go-to destination in Southeast Texas for everyday needs including an extensive inventory of hardware, plumbing, electrical, paint, auto parts, unusual gifts, kitchen accessories, cutlery, unique home accessories, farm & ranch supplies, outdoor furniture, and lawn & garden items. In addition, the store offers a wide unique selection of specially developed private label products. “Great place with loads of stuff, Super simple old-fashioned service with great prices and Best Service best selection with nicest staff” are just a few examples of what customers are saying about this highly rated and reviewed store. They grew from a 3 employee, 4K sf single building store in the early 90’s to the current almost 25K sf modern, multi structure facility on a major roadway. Approx. 6 acres is included in the acquisition price and additional acreage for future expansion is available for purchase. The knowledgeable, well-trained staff provide top notch customer service and employees should stay with the new buyer. The well-stocked store allows customers to walk in/walk out with products in their hands. Many of their loyal customers date back 30 yrs. 90% of sales come from the local/regional market, 8% from other areas of Texas and 2% from the internet. Excellent opportunity if the new owner wanted to brand/align with a nationally known brand such as ACE Hardware or TrueValue, etc. Promoting internet sales could be a real area of growth for a new owner along with bringing in lumber related products to meet customer demand, as seller is considering currently. Seller would consider seller financing on the real estate for qualified buyer and will remain for a longer than normal transition period if buyer desires.
Total Cash Flow: $760,733 Actual
