Franchise Hardware Store, with Real Estate Included

Listing ID:
BUFFANY001294

Buffalo, New York, United States

Hardware Stores

Listing Status: Under Contract

Sunbelt of Buffalo

View all listings from this office
Phone: (716) 580 3173
Fax: (716) 299-2205

Description

A rare gem of a business. The owners have had great success in their area for 30+ years because of location and the fact that the mega stores will not come into the area and are sufficiently far away to not interfere with day to day hardware and gardening needs. Inventory is current, supplies are plentiful.

There is also room for expansion. Income properties attached to the sale include 4 rental apartments, a free standing home and 2 businesses. The owners are willing to stay on part time and to fill in.

Sale price includes the Real Estate valued at $650,000. Contact us today for more information!

Financials

Asking Price:$1,250,000
Revenue:$850,000
Cash Flow:$330,000
Downpayment:$250,000
Monthly Payroll:$0
FF&E Asking Price: ON REQUEST
Inventory Asking Price: N/A (Included in Asking Price)
Financing Available?Yes

Property

Asking Price:$650,000 (Included in Asking Price)
Building Size:6,000 sq ft

Other

Franchise?Yes
Homebased?No
Relocatable?No
Year Established:1908
Year Acquired:1975
Full-Time Employees:2
Part-Time Employees:2
Reason For Sale:Sellers would like to retire