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LARGE HARDWARE & APPLIANCE STORE #0198

Business Info

Business ID
#0198
Price
$325,000
State
Asset
$339,476
Gross Sales
$444,518
Cashflow
$80,456

Operating since 1999, this long-standing hardware and appliance store has built a solid foundation serving its community of central Minnesota. This business has everything needed for the right energized entrepreneur to take it to the next level of success! The main portion of the store is a three-story brick building with original hardwood oak and fir flooring throughout. The 3rd floor was converted to living quarters where current owners resided for 20 years. Connected to the store is a two-story building that housed the original bank of 1896. Now part of the hardware store has an original safe and tin ceiling, undisturbed, protected by a suspended ceiling. The property has an attached three-car garage and a 40x80 warehouse in the back, which houses a repair shop and storage for flooring and a cutting floor for the flooring. There is a lot of room for expansion and a propane filling station. The basement contains additional storage space for paint, pipe, and a pipe threading machine. You can access three levels with the man-powered elevator. Other than everyday hardware store tools and equipment, additional equipment includes propane, forklift, various saws, floor covering tools, rental tools (which could be expanded upon), a vintage nail scale, shop tools, and more. Their diversified services are 1/3 hardware services, 1/3 appliance services, and 1/3 flooring services. Inquire today to learn more about this thriving business and the future that it holds! Assets are to include $137,476 in Average Inventory, $52,000 in F/F/E, and $150,000 in Building & Property. Ask for this “For Sale by Owner” portfoliO #0198.

Click to contact us for help buying or selling a business.  Since 1980 we have been in the "business of business." We are a professional company specializing in bringing For Sale By Owner Business Buyers and Sellers together. Being one of the Nations leading firms in our industry, we are best equipped to help you because of our background and years of experience in working with business buyers Nationwide and businesses of all sizes and types. Your business purchase or sale information will be handled by experts and conducted in a confidential manner.

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