Contact: Adriana Sargent At 408-981-7799 Cell , 408-981-7799 Text - Also Email This Contact Below
Asking Price: $2,600,000 Down Payment: $335,000
Annual SDC: $433,111
Annual Gross: Call / Email
Attributes: Broker-Broker Coop, Lifestyle, Financial Assistance, Training & Support, Real Estate Included, Real Estate Available, Owner Financing
Asking price of $2.6M includes real estate as well as the business!
This Northern California based company has been in business for over 27 years serving the local community with hardware and garden supplies. This is a well established retailer in the area, renown for their selection of home and business needs.
They are known for their friendly service, knowledgeable staff and for delivering "helpful" to each of its customers. This location is well-known as the go-to place for home maintenance and DIY fix ups. The community also has a large percentage of older and historical homes, and these customers have come to rely on this store for their unique product needs.
They are able to reinforce this with their locally-owned reputation for shopping convenience, helpful friendly service and a product selection which is geared towards the region and its seasonality. The sale does include Real Estate with a 13,000 square foot building that was remodeled in 2016 and solar system installed in November 2019.
Customers vary from homeowners (majority) to industrial and commercial. This location is a staple in the community, and with the global pandemic has reinvigorated its position and is having one of the best years on record for the business.
There is competition in the market, but not with the intimacy level this location provides through its wide array of inventory and well-trained staff. Competitors have their own mix of products, and each has developed a relatively stable piece of the retail pie.
With the work from anywhere shift going on, more and more families are moving to the area which will result in increased sales in the future as well. There are no other veritable hardware stores within a 10 mile radius, and it is unlikely another retailer will come into the area any time soon.
Growth / Expansion overview
There are opportunities to continue the store's sales increase with new initiatives under new ownership, which could include more enhanced marketing (digital and print) and expansion in geographical area of marketing.
Support / Training Comments
The Seller is willing to provide training for 30 days and General Consultation for 60 more days.
Reason For Sale
Sellers are looking to semi-retire and pursue other adventures.
Home Based: No
Year Established: 1993
Year Acquired: 1993
Willing to Train: Yes
Relocatable: No Required Licences:
Is Property Leased: No
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: N/A
Real Estate Asking: NEGOTIABLE
Days Open: Monday-Sunday Hours Open: 8am to 5pm
Fulltime Employees: 7
Part time Employees: 8
Is Management Staying: No
Monthly Payroll: ON REQUEST
Building Size: 13000 sq ft
Monthly Rent: ON REQUEST
Lease Miscellaneous: 10,000 building, 3,500 for garden center and storage
Asking price of $2.6M includes real estate as well as the business. Amazing growth opportunity, you must see this. FF&E (Included): $125,000. Inventory: $440,000. Financing: No. Financing Comments: Asking price of $2.6M includes real estate as well as the business. 13,000 sq. ft.
Broker: ProEquity Asset Management Corporation
License ID: 01870526
To get more information about this Hardware And Garden Store Plus Real Estate business for sale in
Amador County please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Cell and 408-981-7799 Text - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #265482 on BizBen.com. In addition to phoning
Adriana Sargent, make sure you email Adriana Sargent above to get more info about this
Hardware And Garden Store Plus Real Estate, to ask any questions or request an appointment to see this
business for sale. Thank you.