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Progressive Hardware Store At Reduced Price For Sale

Pinedale, Wyoming, US
Freehold Price:
$250K - $500K (USD) Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
$250K - $500K (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,000,000 (USD)
Cash Flow:
Available on request

Increased sales 4 years in a row. 2019 was 10% above 2018
brought 2 new lines of merchandise in 2019
Up to date inventory. very little slow movers or obsolescence. Inventory turns are 2.1 to 2.6. Up to date computer system.
Up to date accurate set of books.
32 yrs in business.
Carry hardline goods, ranching supplies, industrial supplies, Uhaul agent, propane dispensing
Very economically diverse community. Energy, ranching, tourism, governmental offices, summer homes.
Very energy efficient building.
Owner retiring.
Owner financing available to qualified buyer(s)
Mountains, lakes, fishing rivers. Outdoor paradise.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Available as lease or with real property included

Living Accommodation:

Pinedale has lots of homes for sale and lots of real estate agents. Listings high, sale prices OK.

Location:

Business is located on Pine (the main) street of Pinedale, Wy. This street is also US hwy 191 which is a busy tourist route to Teton and Yellowstone Nat Parks. Within 3 blocks there are 2 auto parts stores, a pharmacy, a dollar store, car wash and 2 convenience stores, 1 bank and 2 motels.

Premises Details:

The building is a 12500 sq. ft. metal building with 10,000 sq.ft. of sales floor. It is located on 1/2 city block with concrete parking for 16-18 vehicles. Behind the main structure is a 900 sq.ft.3 sided storage building with 2/3 of it with concrete floor. The main building is extremely efficient to heat $2400 per year in one of the coldest locations in the USA(whoops, may not be a selling point)

Business Operation

Expansion Potential:

Like every business the potential is up to the new owners and their interest . Appliances were added in April, 2019. We are working on an agreement agriculture parts with little investment. A neighboring community in the county has potential for a similar store.

Competition / Market:

Pinedale is a competitive community. The grocery store has an adjoining hardware store. There is a feed store 2 blocks away, a lumber yard in the industrial site outside of town, and a farm and ranch store 8 miles out of town. But this store has existed for 30 years with a reasonable to good profit. And ROI is increasing because of price and inventory adjustments.

Reasons for selling:

Owner is 72 years old

Trading hours:

Business is open 7 days a week except 4 holidays a year. Monday - Friday open 8 to 5:30 pm. Saturday open 8 am to 5 pm. Sunday open 9 am to 4 pm

Employees:
1 manager, and 3 full time employees. Owner works full time. Business could use one more full or part time employee 6 months of the year.
Years established:
Bought in 1987 from an owner that operated business for 9 years.

Other Information

Support & training:

Owner will provide 80 hours of free training. This depends on the POS/computer ability of a new owner, more training maybe needed and negotiated. Previous owner can work on a as-needed basis.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Current owner can provide some financing but new owner will have to be approved by a reputable financial institution.

Furniture / Fixtures value:
$145,000 (USD) - included in the asking price
Inventory / Stock value:
$300,000 (USD) - included in the asking price
Lease asking price:
$250K - $500K (USD) - Furniture / Fixtures and Inventory / Stock included

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