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Successful 40 Year Hardware Store Storage Warehouse Business For Sale

City of Craig, Prince of Wales Island, Alaska, US
Asking Price:
$1M - $5M (USD) Furniture / Fixtures included
Sales Revenue:
$3,500,000 (USD)
Cash Flow:
$500K - $2.5M (USD)

Full service True value hardware and lumber builders supply and commercial business complex including13,000 square foot retail floor, 18,000 sq.ft. warehousing area, 100 unit mini storage, 8 unit RV court and four apartments including employee housing.

Family run business can be sold separately or remain as one successful business. Started in 1981 and increased in size throughout it's steady growth spread over 40 years. Owner has acquired several other land parcels and holdings as a result of steady continuous growth in a beautiful island community in Southeast Alaska and now wishes to retire.

Annual sales have steadily remained at 3.5 million for several years. The store and commercial complex provides essential services for Prince of Wales Island population of 7,500 residents involved in primarily commercial fishing, natural resource development and logging and sawmill production.

Many steady government jobs here and increasingly popular tourism and outdoor hunting, fishing and other activity all surrounded by the natural beauty of the third largest island in the US.

For more information, please contact us using the form given below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Four apartments include a three bedroom, two two bedroom and one duplex(both two bedroom) units

Location:

Located just off main highway in a secure business complex on JS Drive, Craig,Alaska.

Premises Details:

Complex has been carefully planned and built by owner over forty years, well kept and maintenance minimum. Property is fenced and partially gated. Security system watches over things and activity is restricted to normal operating hours.

Size in square feet:
5.6 acres

Business Operation

Expansion Potential:

Complex has vast square footage for development purposes as well as vacant lots as indicated in aerial photos

Competition / Market:

Since we are located on an island there is not much competition. This business is very essential to the community and provides valuable services not offered at other locations

Reasons for selling:

Owners are retiring

Trading hours:

8 - 5

Employees:
10
Years established:
1980

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

True value is the main supplier although many suppliers contribute to the various product lines. Many services offered are no hardware related ie. mini storage, apartments, parking lot, RV court and small building construction.

Other Information

Support & training:

True Value franchise

Furniture / Fixtures value:
$300,000 (USD) - included in the asking price
Inventory / Stock value:
$1,200,000 (USD)

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