Hardware Store For Sale

Business description

This Hardware Store is a perfect business for two people. It's located in a friendly small southern town without any large hardware chains. It's needing to grow, but the seller is not in a position to do so. There is a need in the community to add specialty equipment and other services not available in the area. The owner will educate you in these areas. A brake machine that brings in extra revenue is optional. The landlord is open to selling the plaza for $1.6 million. Tenants are in place.

Property information

Real Estate:

Lease

Lease terms:

5 year option, expires May 2010.

Location:

Highway 17. Primary road in DeLeon Springs.

Other information

Expansion potential:

It's needing to grow, but the seller is not in a position to do so. There is a need in the community to add specialty equipment not available in the area. The owner will educate you in these areas.

Competition / Market:

No competition in town.

Support & training:

2 weeks no cost.

Reasons for selling:

Other endeavors

Trading hours:

8-5 Mon thru Friday

Financing available:

20% financing @ 8% interest for 5 years.

Furniture / Fixtures value:

$7,000 (included in the asking price)

Inventory / Stock value:

$40,000 (included in the asking price)

Related documents:

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