Bronx Neighborhood Hardware Store. PRICE DROP. STEAL IT!

Asking Price$165,000

Cash Flow
Not Disclosed

EBITDA$146,360

Gross Revenue$347,000

Inventory$75,000
Included in asking price
FF&ENot Disclosed

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Bronx Neighborhood Hardware Store. PRICE DROP. STEAL IT!


Asking Price$165,000

Cash Flow
Not Disclosed

EBITDA$146,360

Gross Revenue$347,000

Inventory$75,000
Included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
THE BRONX IS BOOMING ESPECIALLY THIS NEIGHBORHOOD.
A ONCE-IN-A-LIFETIME opportunity. Seller will finance discounted inventory.
ALL OFFERS CONSIDERED.
Buy a solid established business that generates great income.
Money invested back in less than 2 years.
Great super dense residential neighborhood with a high percentage of NEW HOME OWNERS who take pride in their homes.
Large apartment buildings throughout the neighborhood.
High foot traffic location by subway.
Store sells everything every renter and home owner needs to maintain and repair their home.
Great LOCKSMITH/KEY business with new equipment.
High margin plumbing pipe business with pipe cut to order.
Rear yard is 3,500 SF and is ideal to convert to a drive-in lumber yard.
High seasonal Rock Salt sales. Rock Salt inventory is not included in inventory.
Sign & send the attached NDA for more information.
About the Business
Years in Operation
79
Facilities & Assets
2,300 SF store with 10 year lease at $6,800/month with $200/Month increases every 2 years. Real Estate taxes $2,000/YEAR. 3,500 SF rear yard with rental parking and adjacent store sublet to hair salon. Sublet hair salon store can be delivered vacant to expand the store. Generates an additional $41,400/Year added to Net Income. Current inventory of over $75,000.00 included in price.
Market Outlook / Competition
The only neighborhood hardware store in this dense residential neighborhood. Store is surrounded by large apartment buildings an houses. Large percentage of the areas 2 family houses residents are homeowners. The store carries all the necessary hardware for all types of home repair and maintenance. New key machines for the latest electronic car and apartment keys. Equipped to cut and thread all types of pipe.
Opportunities for Growth
Unlimited potential to supply the apartment building supers and management companies in the area with janitorial supplies and all items for apartment building maintenance and repairs.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,300
Rent
$6,800.00 per month
Lease Expiration
12/31/2035
About the Sale
Seller Motivation
Retiring
Transition Support
Owner will fully transition.
Financing Options
Limited Seller financing available to qualified buyer
Listing Info
ID
1584176
Listing Views
1311
Attached DocumentsAttachment Disclaimer

Confidentiality Agreement BL SF.docx


Contact Seller

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Business Listed by: Brian Elkin Elkin & Lee Realty & Business Advisors

Listing ID: 1584176 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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