“Best In Town” Full-Line Hardware Store
Illinois
| Asking Price: |
Gross: |
Cash Flow: |
| $700,000 |
$1,931,000 |
$197,300 |
Furniture and Fixtures Value:
$252,500 (included in the asking price)
Inventory Value:
$486,711 (included in the asking price)
Real Estate:
$800,000 ( not included in the asking price)
Business Summary:
The store started in 1984 at 7,000 sq ft. and has now been expanded to just over 15,000 sq ft. with a selling area of about 11,500 sq ft. They added the rental department in 2000. The store was remodeled using the True Value format in 2008. In 2010, they won the True Value award of Best Hardware Store in Town. Again, they did a refresh of the format in 2016. In 2023, the city awarded them the Best Business in Town Award.The store has over 4,000 rewards customers among their loyal customer base of homeowners, professionals and commercial accounts.Their employees are loyal and knowledgeable, some having been with the business for over 20 years.They carry a full line of hardware and cover the needs of all their customers. They also have a rental department that provides the needs of the homeowners and commercial customers.This is a great opportunity due to the current owner looking to retire.
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| Year
Business was Established: 1984 |
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| Number of Employees:
9FT/7PT |
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| Competition:
Several big box stores within the surrounding area. |
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| Owner
willing to train:
Seller will assist for up to four weeks. |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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