Hardware Store for sale in Michigan

 

Basic Hardware Store 

Location:  Michigan

Listing ID: #13-010

Listed by FNBC Kansas City

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Listing Agent

Contact

FNBC Kansas City

4228 S. Hocker Rd, Bldg #12

Independence, MO 64055 [view map]

Web  |  www.fnbckc.com

Email |  info@fnbckc.com

Fax    |  (816) 799-0891

View All FNBC Kansas City Listings

Business Financial Details

 

Asking Price

Real Estate Price

Business Only 

Gross Revenue

Cash Flow

FFE

Inventory

Seller Financing

Employees

Business Established Year

(Current Owner)

 

$550,000

$250,000

$300,000

$580,000 annually

$105,129 annually

$34,000   included

$206,000 included

 

negotiable

2   Full Time

11 Part Time

  

1938

20 years

* Not included in Asking Price 

** info requires NDA/CIA

Interested in this Business?

Business Description

The business is a basic hardware store with a very large nuts and bolts area and builder’s hardware.  They have foot traffic of about 300 customers per day.

Location Details

The store is located in the lake view area of Battle Creek, MI.  It has its own market area and is well-known.

Market & Competition

There are four hardware stores in other parts of town and 2 big box stores more than five miles away.

Growth & Expansion

They have room to use one of the outbuildings for a Lawn and Garden area with live goods.  They do small engine repair and this could be expanded.  They could also add Stihl products.  They did a lot with water heaters at one time and this area could be expanded back to old levels if they started back with insulation.

Support & Training

Current owners willing to stay on for a reasonable period of time.  The Seller is also willing to help if needed for the buyer to get a loan.

Reason For Selling

The owner is looking forward to retirement.

 

Interested in this Hardware business?

FNBC Corporate Office

4228 S. Hocker Dr, Bldg 12

Independence, MO 64055

[Map]

Tel : (866) 800 - 0990

Fax : (816) 799 - 0891

Email : info@fnbcusa.com

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