Large Multi Departmental Retail Store In Parker County For Sale

Business description

Our Client, established as a C Corp in 1963, is a large, departmentalized retail facility consisting of hardware, lawn and garden, toys, pet supplies, jewelry, auto, arts and crafts, school and office supplies, groceries, sporting goods, firearms, and hunting & fishing accessories. The business is affiliated with a easily recognized, national hardware franchise. Their service, combined with a central loation, versatility of knowing and fulfilling the product needs of the community, and good pricing, enables the store to not only prosper but to increase market share year after year in despite the influx of big box competitors that typically garner the majority of business from local operations. The store is located in the heart of one of the rapidly growing communities surrounding the Dallas-Ft. Worth Metroplex. Customers are both local and from the surrounding counties. Customer visits average about 3000 per day with this number growing continuously. The store is used in a 30,000 sq ft stand-alone facility. Loading dock, some warehouse space, and offices are on site in addition to the large retail area. The ability to utilize the franchise warehouse nearby enables rapid replenishment of products while, at the same time, not requiring this business to also manage a large warehouse space. The store is run by its 36 full and part-time employees that handle assorted management, supervision, sales floor, and office clerical positions.

Property information

Real Estate:

Real Property Included

Size in square feet:

30,000 sq ft

Other information

Support & training:

Seller will assist with transition

Reasons for selling:

Other Interests

Furniture / Fixtures value:

$78,000 (included in the asking price)

Inventory / Stock value:

$1,239,000