Unique Independent Hardware Store - HW1320
in Busy Commercial Downtown Location
With Specialty in Theater Supplies
Asking Price: $90,000 (Inventory @ $275,000 Not Included in the asking price.)
Gross Sales: $620,000
Cash Flow: $85,000
FF&E: $50,000 (Included in the asking price.)
Summary: Located in Boston’s designated “Innovation District”, this well-established store sells Hardware and Specialty Goods to Commercial Accounts, the Marine Industry, and to the Theater and Movie Industries. It is situated in a busy downtown location adjacent to commercial businesses, hotels, condominium and urban residences, as well as the Boston waterfront. In addition to offering a traditional line of hardware items to the surrounding commercial businesses, this unique hardware store has specialized in developing a complementary line of theater supplies and related hardware items to capture sales with New England’s theaters, television studios, film companies, universities, high schools, etc. in this under-served niche market. The store sells traditional industry hardware items to the surrounding business, fishing fleet and ship drydock retrofitters. The theater communities are offered unique industry products including Scenic Paints (Rosco, Artist’s Choice, Modern Masters), Scenic Supplies (flame proofing, fog fluid, sandbags), Tapes (gaff, floor and painter’s tape), Rigging Supplies (pipe clamps, dee rings and plates, cable, turnbuckles), Fabrics (muslin, duvetyn, cheesecloth) and much, much, more… The business is a member of the Orgill Coop for purchasing hardware items. It employs 2 full-time sales people in addition to the owner. It should be noted that this business was impacted by major building renovations last year ($20 million) and sales are now returning to prior profitability.
Facility: This retail store has 5,000 SF and includes a large glass storefront window, separate business office, and loading dock. Rent is $4,950 per month. An attached free parking area is provided in the front with additional adjacent municipal parking in the area.
Furniture, Fixtures and Equipment: Price includes all store Shelving, Displays, Gondolas and equipment as well as a state-of-the-art Point-of-Sale System.
Hours: Open Mon. thru Fri., 7:30 AM to 5:00 PM.
Opportunities: With targeted promotion to its unique niche markets, an active owner/operator can grow sales by leveraging the excellent reputation and goodwill with current customers. Active development of film studios in Boston, the South Shore and Fort Devens offers significant new sales opportunities. Expanded national marketing of theater supplies via the internet can also be pursued.
Additional: The owner is retiring.
The Seller has provided this business information. The broker does not certify or warranty this information.
Call Bob Karlis, Business Broker, at 781.783.6998 or email to for more information.
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