MergerPlace

LONGSTANDING HARDWARE STORE #15

Minnesota


  • Asking Price: $578,900
  • Gross Income: $581,880
  • Cash Flow: $125,792
  • Real Estate: $180,000
  • Inventory: $201,819
  • FF&E: $155,144
  • Listing ID: #196860
  • Established: 1862
  • Employees:

Business Description

Would you like to be an owner of a business that has been a staple in the local community for over 150 years? Producing rising profits year after year in southwest Minnesota is the Longstanding Hardware Store. The current owners purchased the business in 2006 and have been meticulous in making sure inventory, POS management and financial systems are properly in place and in great working order. That has helped keep labor costs down allowing for ONLY 2 part time employees. This is the ideal turn-key business for a motivated entrepreneur, it comes with two buildings and property, all inventory and 1 week transition period with the current owner. Contact us today! Assets are to include $55,025 in equipment, $100,119 in fixtures & furniture. Approximately $201,819 in average inventory. Building & property valued at $180,000. Ask for portfolio #15.


Business Details

Primary Business Category: Retail Trade - Building Material, Hardware & Garden
Location: Minnesota

Company Information

Year Established: 1862
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $578,900
Gross Revenue: $581,880
Cash Flow: $125,792
FF&E: $155,144
Inventory: $201,819
Real Estate: $180,000
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

MARKETING DEPARTMENT

Affiliated Business Consultants, Inc.