Caribbean Hardware Store - over 30 years of success
Business Description
Hardware store located in paradise: beautiful island, a leading retailer in the community.
This store is the largest hardware retailer on the island. It sells the general variety of products found in a typical hardware store as well as paint and general gardening supplies. Its primary clientele is composed of general contractors, sub-contractors and homeowners.
This opportunity offers buyers:
A) Outstanding location of the store,
B) Very limited competition
C) Outstanding reputation for quality supplies and customer service.
D) Seller’s will accept a limited amount of Seller’s Financing
E) Willingness of present management to provide transitional training and consulting services..
This store is the largest hardware retailer on the island. It sells the general variety of products found in a typical hardware store as well as paint and general gardening supplies. Its primary clientele is composed of general contractors, sub-contractors and homeowners.
This opportunity offers buyers:
A) Outstanding location of the store,
B) Very limited competition
C) Outstanding reputation for quality supplies and customer service.
D) Seller’s will accept a limited amount of Seller’s Financing
E) Willingness of present management to provide transitional training and consulting services..
About the Business
- Years in Operation
- 12
- Number of Employees
- 5
- Facilities & Assets
- In addition to the retail space, there is a fenced in yard with 20' containers for large storage and bulk inventory items. The store receives a 20 or 40' container weekly.
The retail store has all the fixtures needed to support continued growth.
The business has an excellent POS system and pos registers. - Market Outlook / Competition
- The island boasts a very affluent part time homeowner population with nearly 500 luxury rental homes ranging from $1 to $10 million in value. Furthermore, the renovation and maintenance in this luxury market is significant, all rental homes must be kept in “near new” status to maintain high weekly rental rates. This demographic and economic situation has created a need for home construction, renovation, and maintenance.
- Opportunities for Growth
- Significant opportunities to add volume and profit
A. Expand operating hours - Open evenings, Sat afternoons and Sundays G
B. Add a small Containerized lumber yard in the Back Lot.
C. Add Equipment Leasing
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,300
About the Sale
- Seller Motivation
- RETIREMENT
- Transition Support
- The sellers have their permanent home on the island and will happily provide training and support.
- Financing Options
- Yes the sellers will consider a limited amount of seller's financing
Listing Info
- ID
- 2159355
- Listing Views
- 4571
Listing ID: 2159355 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.
Similar Listings
