Pennsylvania Full Service Hardware Store With Commercial Accounts For Sale

Business description

This full service hardware store is affiliated with a name you can trust! This fine company is one of the world's largest retailer-owned hardware cooperatives. With more than 5,000 independent retailers and an exciting new store format, they've created a compelling shopping experience for consumers; a winning opportunity for entrepreneur-retailers and a rewarding environment for those seeking a career with a company committed to its customers and growth. This business owner's father started the business in 1970 and it has since passed to his son. They have been able to succeed where other stores in the area have failed. Over the years, this Pennsylvania business for sale has created a great and loyal customer base. The management in place is outstanding as is the staff with a strong reputation, recognition and quality products. This exceptional hardware business for sale is a great opportunity for a new buyer. This is a franchise store with no annual fees. Please call today for full details!
This hardware business has a basic "core" departments for household and commercial needs with a specialty in stainless steel fasteners for marina customers. They also stock bolts and nuts up to 1" in diameter and grade 8 hexbolts used in hardened commercial applications. This outstanding business for sale has much to offer a potential purchaser in the areas of stability and potential growth. They are recognized for their good reputation, reliability, and strong customer base. After years of hard work and loyal customers standing true throughout the years, the current owner is ready to retire and see a new owner take it to the next level.
Along with all things hardware, they offer window and screen repairs, keys cut, rentals of rug shampooer's and floor scrubbers/roto tillers, paint mixing and delivery to commercial accounts.
Equipment is included in the sale, inventory varies and will be determined at the time of sale.

Franchise terms

No Franchise Fees

Property information

Premises details:

Both properties are owned with option to buy/lease purchase. The properties are valued at $700,000 with an annual income of $44,000. The hardware store is located on a 50'x125' Lot and is 3,500 sq ft. It consists of nearly 3,000 sq ft of retail space; it also has storage space, a work area and a small office. Above the hardware store is a leased apartment which brings in yearly rental income. Located next to the hardware store is a single story rental home also owned with option to buy. It is located on a 100'x125' lot. It has a decent yard with a garage, a shed and additional parking for the hardware store.

Other information

Expansion potential:

After an initial acquaintance period, adding on to the existing building would be ideal for this company's new proto type store. Adding more advertising would help enhance profits, especially the addition of a website. Competition has recently closed leaving room to expand by adding new products and services such as electrical and automotive supplies. A new owner could easily upgrade technologies and computer software, saving time as well as thousands of dollars on licensing fees.

Competition / Market:

They are recognized for their good reputation, reliability, strong customer base, customer service, service, service and convenience, convenience, convenience! There is some competition in the area. Less competition in a 5 mile radius creating more demand of supplies.

Support & training:

Owner will stay on for 2 years if the business owner wishes to acclimate new owner to the customers and business. Staff will most likely stay on if a new owner wishes.

Reasons for selling:

Retire

Trading hours:

Hours: 8am-7pm Monday-Friday,
8am-5pm Saturday,
9am-3pm Sunday

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

25% Financing Negotiable

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$200,000