NW Florida Hardware Store w/Property

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Building & Construction Businesses for Sale

  • Primary Category: Building Material & Hardware Stores for Sale

This 5,284-sf Hardware Store with a 1,500-sf 4-bedroom residential rental unit on a +- .92-acre lot stands as a testament to the enduring value of a community-centered business. For over four decades, this longstanding hardware store has been a mainstay of this community in the NW Florida Panhandle. They offer a wide array of products and services. From the smallest nuts and bolts to custom mixed paints, key cutting, and essential plumbing and electrical supplies. Custom-built window screens along with repairs and replacements have been core services popular throughout the surrounding area. Custom picture frames, custom cut glass and plexiglass. Custom cutting and threaded gas and galvanized water pipes are also provided for those tricky repair projects. Its unique location, as the sole provider over 4 miles from the nearest competitor—has cemented its status as a vital resource in the area. As the current owner prepares to retire, this turn-key operation presents a remarkable opportunity for an entrepreneurial individual to continue a legacy of success and community service.

Financial Information

  • $550,000 Asking Price
  • $39,470 Cash Flow
  • $140,462 Gross Revenue
  • $20,000 Down Payment

Business Location

  • City: Confidential
  • State: Florida

Reason for Sale

  • Owner retiring

Detailed information

  • Year Established: 1960
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: 54
  • Adjusted EBITDA: N/A
  • Inventory Included: Yes
  • Inventory Value: $100,000
  • Monthly Rent: N/A
  • Real Estate Available: No
  • Real Estate Included: Yes
  • Real Estate Value: On request
  • Building Size: 6784
  • FF&E Included?: Yes
  • FF&E Value: $50,000

Training/Support

  • Owner will provide up to 30 days of training in transition

Facilities

  • Includes 2 Rigid 35 pipe threading machines, Chop saws, gondolas, shelving and display cases

Market Outlook/Competition

  • Market outlook is strong with new multifamily projects in the vicinity on the planning table. Sole hardware store within 4-mile radius.

Real Estate Description

  • 5,284-sf Hardware Store with a 1,500-sf 4-bedroom residential rental unit on a +- .92acre lot
Business Listed by
image of Doug Whiting
Doug Whiting
Sunbelt of Mobile
Email Doug
Show Phone Number
Listing ID
MOBILAL001-56556

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