Hardware Store  •  $795,000

Location: East County Area
Seller: John Sullivan
Phone: 760-898-6807

Business Summary
This Very Profitable Business Is One Of Thousands Of Nationally Owner And Investor Owned Stores.
There Is Virtually No Competition And This Store Has Professional Managers And Staff In Place Allowing The Owner To Be Away For Several Months Each Year Enjoying A Semi-Retired Lifestyle. The Closest Lumber Yard Is 60 Miles Away.The Business Has A Superb Neighborhood Reputation For Friendly, Quality Service And Is Known To Have Everything For Community And Contractors With Its 400,000 Inventory. A New Buyer Could Easily Add A Rental Department To Serve Customer Needs While Increasing Profits. The Financials Are Solid With Excellent Owner Profits For Over 12 Years. Current Owner Has Owned The Property And Business For Twelve Years And Is Present In The Business For Only Six Months Each Year. Building Has A New Air Conditioning System And There Are No Known Capital Improvements Needed. Business Has Been A Hardware Store For Over 25 Years. Building Was Built In 1996 And Is Available For Long-Term Lease Or Purchase. Business Employs Nine Productive Well-Trained And Motivated Staff Members. This Business Will Likely Quality For An SBA Guarantee And Seller Will Carry Finance A Portion Of The Sale. Buyer Will Have To Provide Proof Of Funds For The Down Payment And Will Need To Be Approved By The Headquarters Cooperative For Ability To Purchase Through The Co-Op After The Sale. Owner Is Retiring But Will Be Available For Consultation.