Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Santa Cruz Area |
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| County: |
Santa Cruz |
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| City: |
None Given |
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| Financial Information |
Detailed Information |
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| Price: |
$549,000 |
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| Down: |
Call |
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| Revenue: |
$800,000+ |
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| Adj. Net: |
$25,000 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Yes |
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| Franchise: |
No |
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| For Sale By Owner: |
Yes |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Santa Cruz Area Hardware Store Business For Sale:
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Profitable Hardware Store With Great Future Needs You! Be The Boss.
Hardware Store Located In Northern Santa Cruz County! This Business Opportunity Is Not Only Many Folks Dream, But Will But Cash In Your Pocket For Years To Come!
Family Run For Over Six Decades This Store Has A Proven Track Record. Current Owners Are Ready To Slow Down And Enjoy Their Fruits Of There Labor. They Do Not Want To Sell, But Have No Family To Pass The Business On Too.
With Easy Parking And All The Newest Fixtures And Equipment This Store Is Ready For You To Step In And Make Money. There Is A Great Management Team In Place With A Team Of Nine Employees. A Captive Market, Great Location, And Established Accounts Make This A Winner!
There Is Excellent Profit History, Even With The Slow Down In The Economy. Owners Have Been Very Well Paid And The Store Still Always Posts A Healthy Net Profit. If You Took Away Owners Income And Lifestyle The Store Would Show Much More Income. Keep In Mind, Like Good Business Owners Do, The Owners Have Managed The Expenses To Reduce Their Taxes.
Current Rent Is 2000 Per Month. Landlord Will Negotiate A New Lease For A New Owner. The Store Is Part Of A Well Known National Buying Co-Op. All The Core Departments Are In Place, Hardware, Paint, Plumbing, Electrical, Garden, Automotive, And Housewares.
There Are Many Ways A New Owner Could Expand This Business, Including Expanding The Product Selection Or Other Niche Businesses (Ups, Rental, Nursery Or Even Small Engine Repair). There Is An Additional 2,000-3,000 Square Feet That Is Storage And Could Become Even More Sales Area.
This Is A Confidential Sale; Qualified Buyers Must Complete A Confidentiality Agreement Before The Release Of Any Sales, Expense, Profit, Tax, Or Location Information. Do Not Contact The Store. Current Owner May Carry Paper With A 350,000 Down Payment. Current Owner May Be Willing To Train For Ease Of Transition. The Asking Price Is 549,000.
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Hardware Store For Sale And Santa Cruz Area Region Related Links:
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Business Acquisition Financing Request Needs Accurate Cash Flow Earnings Explanation
What are the actual "provable" adjusted net earnings (cash flow) of a company being purchased and considered for business acquisition financing? Buyers will need to look carefully at tax returns and financial statements to determine the "real" adjusted net income or cash flow of the business being purchased - banks and financial institutions review these numbers carefully (and in many instances discount items that may be considered addbacks). If you are thinking of financing a business purchase you need to read this BizBen blog posting. |
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Over 89 New Businesses For Sale Posted Yesterday On BizBen - February Starting Well!
Over 89 business for sale listings were added yesterday. Business brokers, agents, and business owners were busy posting new businesses for sale and refreshing older listings (new pricing, information, and details) go to new businesses for sale and see whats new today on BizBen.com! Have a new listing you need to post so all 25,000 daily business buyers can see your business for sale? Go to our sell a business - post an ad page to get your business seen by thousands of business buyers! We also have custom advertising services - phone BizBen at 888-212-4747. |
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