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Franchise Hardware Store, with Real Estate Included
BUFFANY001294
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 |