Hardware Retail Store – Southwest Michigan

This business is an exciting opportunity to own a well-established 12,000-square-foot hardware store that has been serving its community since 2008. With a solid reputation for quality products and personalized customer service, the store has become a trusted name in the local market. They have a competitive edge over their competitors, allowing this hardware store to stand out as a reliable destination for both DIY enthusiasts and professional contractors.

This is an excellent opportunity for an owner-operator looking to enter or expand in the hardware and home improvement sector. Retail experience would be a plus, but it is not necessary. With a proven track record and clear avenues for growth, this business is poised for continued success under new ownership.

Listing ID:

ABG-24125359-55

Location:

Southwest Michigan

Type of Business:

Home Improvement and Hardware Retail

Asking Price:

$700,000 (Plus real estate)

Gross Revenue:

$1,108,749

Cash Flow:

$173,087

Inventory:

$456,867 (Included)

FF&E:

$80,000 (Included)

Established:

2007

Employees:

1 Full time, 7 Part time

Facilities:

· Building is less than 20 years old

· 12,000 square foot building with a metal roof

· Located near major interstate

Real Estate / Lease Terms:

· Real estate available for purchase only

Growth Opportunity:

Increase commercial accounts
Continue to refine and grow inventory
Implement an online marketing strategy

Competition:

Two major retail hardware stores located within 10 miles, but they are big box stores that lack customer service
Two significantly smaller hardware stores

Support & Training:

Current ownership is committed to investing in a new owner by providing supportive training, introductions to vendors and customers, and facilitating an overall smooth transition

Reason for Selling:

Current ownership is ready for retirement

Broker Contact:

Nichol Garnsay – Advanced Business Brokers

Direct: 269-363-2015

Fax: 248-564-5259

Email: Nichol@ABB-BusinessBrokers.com

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. Above information is subject to change and/or correction and should not be considered binding.