CABOT Business Brokers LLC 

CABOT  Business Brokers LLC                                                                                                                            

Business Brokerage •  Mergers & Acquisitions

 

Local Neighborhood Hardware Store (#1348)

 

GROSS SALES: $1,100,000 

SELLER’S DISCRETIONARY EARNINGS: $302,000

ASKING PRICE: $360,000 (Plus Inventory @ approx. $225,000)

 

SUMMARY:  This bustling, turn-key Hardware Store has been a neighborhood mainstay for many decades and under the current owner for 14 years. The owner is very much a hands-on owner who takes great pains to welcome and service his customers, and the customers acknowledge this great service by their loyal and repeat business. The business is currently being run by the owner and his wife, with part-time sales staff when desired. 

 

FACILITIES: This 3,200 sf store has ample front window display areas and is invitingly accessible from the street sidewalk in front. The landlord is enthusiastic to welcome and support a new owner as he was the owner prior to the current owner and is committed to seeing it continue successfully serving its local customer base. He is willing to renew the lease to ensure a long-term home for the business.

 

FURNITURE, FIXTURES & EQUIPMENT: Included in the selling price are all Displays and Racks, Office Furniture and Miscellaneous Equipment. Inventory is not included and will be itemized separately at closing. 

 

HOURS:  Open Mon. thru Fri. 8 am to 6 pm, Sat. & Sun. 9 am to 5 pm.

 

OPPORTUNITIES:  This business can be expanded by initiating a marketing and advertising program currently not being done. Additionally, sales can be grown by restarting direct marketing and sales to the businesses in the are as was done by the previous owner.

 

Other:  Seller will stay on for a limited period to familiarize buyer with the business and transfer key customer relationships.

 

Contact Cabot Business Brokers at 781.783.6698 or bkarlis@cabotbb.com for more information.

Note that the Seller provides all information. Broker does not certify or warranty this information.