Branded Hardware Store w/Property
Suffolk County, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $1,950,000 |
$750,000 |
$295,000 |
Furniture and Fixtures Value:
$75,000 (included in the asking price)
Inventory Value:
$300,000 ( not included in the asking price)
Real Estate:
$1,500,000 (included in the asking price)
Business Summary:
This branded hardware store has been in business before you were born! It has become a fixture in this community and served its customers for decades. It has everything you need to fix most household issues and then some! The property is included at this price and has two income producing apartments on the second floor. Don't let this one get away!The cash flow amounts include rental income from the building.
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| Year
Business was Established: 1900 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Owned - This landmark business and building has been in the community for over 50 years! The building is a two story free standing building with a basement and two income producing apartments on the second floor. Exposure couldn't be better from this main street corner location. The building generates over $130K in yearly rent roll and the taxes are only $25K. The building is in full compliance with all town ordinances. |
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| Potential
Growth/Expansion:
Expansion could easily be done by adding to the product line, carrying more building products, and increasing marketing efforts. |
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| Competition:
There is very little competition in this area and near future developments will make this particular area a thriving business/residential district. |
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| Owner
willing to train:
2 Weeks |
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| Reason for selling:
Retiring |
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| REQUEST MORE INFO |
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