This business is a retail hardware store established in the neighborhood since 1926. The client base is very loyal, sales are increasing, and store longevity has been proven for over 90 years. Approximately 18% of revenue is comprised of equipment rental and other ancillary services. Included in the offering is a second business with an online presence and an established base of commercial clients. The secondary business operates out the hardware store location and offers the potential for significant growth. Additionally, new owner can extend hours, increase advertising, target additional commercial accounts, grow online presence of add-on company, and add additional ancillary services.
Established Neighborhood Hardware Store and Equipment Rental Company
Reason For Sale:
The store operates in a leased location from the previous owner. The store has a footprint of 6,450 square feet, including two 900 square foot back rooms and a 4,500 square foot basement. There is a 5 year option to extend beginning in 2020 and is assignable.