Southern California Branded Hardware & Home Improvement Store, with Real Estate Included

Financial Information

  • Asking Price: $4,937,200
  • Gross Revenue: $5,721,088
  • Cash Flow: $881,690
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: $878,692
  • Financing: Yes

Business Location

  • Central Valley
  • California
Primary Business Category: Hardware Stores

The store is a family owned business that opened in 1945.  The business was incorporated in 1968 and they moved to the current location in 1980.  The Business services all of the mountain communities in the area, and there are virtually no competition. The nearest major competitor is approximately 45 miles away.   Sale price includes the real estate valued at $1,538,528 with 22,868 sq. ft. under roof and 116,305 sq. ft. net usable land, the inventory valued at $878,692, and the furniture, fixtures, equipment and goodwill. The brand is one of the most recognized in the industry.  The hardware industry has been growing steadily over the last 5 years. 


Competition Description

In the Hardware Store Franchises industry, household consumers generate the largest share of the industry revenue, accounting for 63.1% of revenue in 2020.


Growth / Expansion overview

The Business could add a glass and screen shop, knife sharpening, tool rental, and there may be some underutilized space that could be lease and some of the land may be used for RV storage.


Support / Training Comments

Seller will negotiate a transition period


Financing Comments

SBA Lending Candidate for a qualified buyer


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1968
  • Franchise: No
  • Year Acquired: 2000
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $1,538,528
  • Real Estate Asking: $1,538,528
  • Days Open: Monday-Sunday
  • Hours Open: Mon-Fri 7-6; Sat-Sun 8-5
  • Fulltime Employees: 15
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 9,000 sq ft
  • Parking: Ample
  • Monthly Rent: N/A
  • Lease Terms: Two Buildings: 4,700 & 3,168 sq. ft.

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Business Listed by

Sunbelt Bakersfield

Contact: John Willingham
Office Phone: 661-323-2358
Mobile Phone: 661 332-9401
Listing ID: BAKERCA001-N968

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.