MergerPlace

Small-town, Family Owned Hardware Store

Montana (Deer Lodge)


  • Asking Price: $575,000
  • Gross Income: $767,467
  • Cash Flow: $76,191
  • Real Estate: Not Disclosed
  • Inventory: $230,206
  • FF&E: $142,630
  • Listing ID: #213852
  • Established: 1997
  • Employees: 4 FT / 1 PT

Business Description

This well-managed hardware store has been a prime retail operation for decades. Family owned and operated, the store has a reputation as the go-to place for customers to find their hardware supplies, tools, lawn and garden equipment, housewares and hunting and fishing licenses and outfitting gear. The business also includes an equipment rental operation to provide major tools and equipment to contractors, businesses and homeowners working on larger projects. The Listed Price does not include the real estate, which either can be leased or purchased separately.


Business Details

Primary Business Category: Retail Trade - Building Material, Hardware & Garden
Location: Montana
County: Deer Lodge

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT / 1 PT

Financial Information

Asking Price: $575,000
Gross Revenue: $767,467
Cash Flow: $76,191
FF&E: $142,630
Inventory: $230,206
Seller Financing Available: No

Property Information

Facilities:

Located on a busy street at the center of a small city, the county seat, in Western Montana, the 11,000 sq. ft. facility operates from two buildings connected by a paved parking lot and fenced yard. Inside the retail space there's ample floor space for display shelving, glass sales counters and gondola racks. The management office is located at the back on a mezzanine level with a window overlooking the retail store.

Growth & expansion opportunities:

Having such a prime location, the business will benefit from all the growth in the community. Additionally, the surrounding area is seeing growing recreational use among sportsmen, outdoor enthusiasts and vacation-home owners.

Competition:

Only one direct competitor exists in the same city with other secondary competitors located over 30 miles away in another county. The internet has an impact on sales pricing, but having a the product locally or obtained quickly from the store's buying group membership lessens the effect of the competition.

Reason for selling:

The owners would like to retire and pursue other interests.

Support & Training:

Will train for 6 weeks @ 6K The new owner should be well-versed in retail store management and with problem-solving skills in the mechanical, electrical trades.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

John Maslanik

Murphy Business Brokers