Advanced Business Brokers Logo

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.

<< Return to Listings
Inquire on this Business

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

Email: Nichol@ABB-BusinessBrokers.com

For more information, fill out the form below:

* required fields

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.

<< Return to Listings

Dr. Mark Hagar

A lifelong resident of Fort Wayne, Indiana, Dr. Mark Hagar brings decades of hands-on experience in small business ownership, acquisitions, and turnarounds to his role as a business broker. Over his distinguished career, he has acquired and operated more than 20 companies and engineered over 50 successful turnarounds, giving him a uniquely practical understanding of what makes businesses succeed, and sell. His portfolio spans manufacturing, distribution, and service firms in industries including printing, education, military contracting, aerospace, and orthopedics. This diverse background enables him to identify value, anticipate buyer needs, and structure complex deals with confidence and precision.


Mark holds a Doctorate in Business Administration (DBA) from Cranfield University’s School of Management in Bedford, England—one of Europe’s leading business schools. His research on small business resilience and operational excellence has been recognized by the Small Business Institute (SBI), the United States Association for Small Business and Entrepreneurship (USASBE), and the International Council for Small Business (ICSB).


In addition to his business career, Dr. Hagar has served as a member of faculty at several institutions of higher education, including Holy Cross College (Notre Dame), Trine University, and the University of Saint Francis. He also hosted Your Business Matters, a small business–focused radio show and podcast for more than a decade and is the author of Small Fortunes – the Acquisition Entrepreneur’s Guide to Buying a Profitable Small Business.


A passionate advocate for entrepreneurs, Mark previously chaired the Indiana Leadership Council for the National Federation of Independent Business (NFIB), representing small business owners before state and federal legislators. He currently serves as President of the Allen County, Indiana Economic Development
Commission.


As a broker, Mark specializes in industrial, manufacturing, and distribution firms, with particular expertise in special situations, distressed assets, and complex transitions where experience, creativity and discretion are central to success.