Hardware And Supply Store In Rockbridge County For Sale

Business description

Local Hardware and Supply Store with well established reputation and sales history. Store sorely needs some tender loving care and cosmetic face lift. Present owner is very motivated and wants to retire. Target exit is 6/30/2012, so give us a call.

Property information

Location:

Owner rents building and warehouse from a 3rd party. Landlord is willing to provide generous lease arrangements. The store is located on the Main Street through Buena Vista with a high traffic count.

Size in square feet:

17,299

Business Operation

Expansion potential:

Current ownership has not put much effort into expansion and marketing of the business. Being the only Hardware store in Buena Vista, a loyal town that includes a 4 Year University, the potential for growth is there.

Competition / Market:

Only competition is outside of Buena Vista. Another True Value and Lowe's can be found in Lexington and they cater to a different clientele.

Reasons for selling:

Retirement

Trading hours:

Mon-Sat 7:30am-5:30pm

Employees:

3 FT/1 PT

Years established:

23

Other information

Support & training:

Will train for 4 weeks @ no cost

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$350,000 (included in the asking price)