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 90s 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 and walk out with products in their hands. Many of their loyal customers date back 30 years. 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 wants to brand/align with a nationally known brand such as ACE Hardware, True Value, 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 currently considering. seller would consider seller financing on the real estate for a qualified buyer and will remain for a longer than normal transition period if the buyer desires.
Total Cash Flow: $831,629 Actual
