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Businesses for Sale: Listing Details

 
HARDWARE STORE
Seller: Attn: Bon Wakam
Location: San Bernardino County, CA, USA
Listing Number: 317414041


Asking Price: $199,000 USD USA Dollars
Industry: Retail: Hardware Stores, Garden Centers
Reason for Selling: Health
Number of Employees: 4 Full Time, 6 Part Time
Yearly Revenue: $800,000
Monthly Payroll: $20,136

Overview:
EXTREMELY MOTIVATED SELLER: 11 month old hardware store which is part of a national chain for sale. Seller recently acquired this business and is forced to sell due to sudden health developments. This store is a state of the art Vision 21 Store and carries top of the line home improvement products: Benjamin Moore Paint, Ace Paint, Black and Decker, and Dewalt. Some services provided are glass repair, rekeying, rescreening, Rhino propane, and the Rug Doctor. The store is currently averaging $60K a month. The $720K projected for 2008 anticipates increased sales for November and December holiday season. The Purchase price includes $350,000 of Inventory and Furniture Fixtures & Equipment valued at $150,000. There is a full time manager in place, a part time bookkeeper and the store is still growing. Training shall be provided by the Franchisor and the buyer must be approved by the Franchisor to take over this business. In addition, the Buyer shall have to qualify for the lease assignment by the landlord. There is frontage, street and freeway signage. The facility includes an outside garden area. The store is surrounded by established homes and businesses. This area has dozens of new housing developments and popluation continues to grow. The long-term potential of this location is incredible. This is a VERY unique opportunity.

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