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Hardware-General Store with Property and very limited competition. This business is the center of commerce in area. They are well established with a great reputation. They offer a full line of hardware and home improvement" supplies, nursery and lawn care, sporting goods, gifts, grocery, deli, newspapers, produce and farm products in season. There is only one other hardware store that is remotely close and it is 4 miles away. The closest Home Depot or Lowe's is 24 miles away. The sale price includes $200k in inventory. In the past year the business grossed approx. $460,000.000 with cash flow of approx. $149,420,00. You can lease the property with a 20 year lease , but The property is available for sale for an additional $200k with only 15% DN For a qualified buyer with good credit. That includes 1 acre or property, the 3,500 sf. store, 2 apartments (2 bedroom generating a rent of $600/mth. and a 3 bedroom generating a rent of $800/mth.), an additional dry storage space of 30X60. We are seeking a serious and financially qualified buyer with at least $230K in liquid funds to cover the asking price and inventory. All site visits must be discreet. Please do not mention the sale when visiting the location.
The seller will train the new owner.
200,000.00 down & sale price includes approx. $200k in inventory. Property available for an additional $200k.
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