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Businesses for Sale: Listing Details

 
ACE HARDWARE IN FOOTHILLS SACRAMENTO AREA
Seller: Attn: Fred Hall
Location: Foothills east of Sacramento, CA, USA
Listing Number: 112616361


Asking Price: $185,000 USD USA Dollars
Industry: Retail: Hardware Stores, Garden Centers
Reason for Selling: Health.
Year Established: 2003
Number of Employees: 2
Yearly Revenue: $291,000
Yearly Cash Flow: $34,000
Monthly Payroll: $3,000

Overview:
This business is located in a charming old west foothills community east of Sacramento. The area has grown at an annual rate of 2.4% since 2000, and, will continue to grow as retiring baby boomers migrate from the San Francisco Bay area to the eastern foothills. Cost of housing is about 30% less than the state average, making this a very affordable place to live. The store is backed by Ace Hardware Corporation, the largest hardware wholesaler in the nation. It has numerous programs in place to help make a store more profitable. This store reopened about 4 years ago, so all the fixtures and inventory are new. The store is Vision 21 compliant in most areas, including an Activant POS computer system, and, Ace Paint Place computer and decor. The business also rents a large yard, with storage buildings next to it, offering a buyer the opportunity to expand into nursery and building materials. This is an ideal starter store for a husband and wife. The asking price is probably about 1/3 less than the cost of a new ground-up Ace Hardware store.

Additional Details:

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