Hardware Store in NW Florida Panhandle with Property

Asking Price$550,000

Cash Flow
$39,470
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$140,462

Inventory$100,000
Included in asking price
FF&E$50,000
Included in asking price
Real Estate$450,000
Included in asking price
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Hardware Store in NW Florida Panhandle with Property


Asking Price$550,000

Cash Flow
$39,470
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$140,462

Inventory$100,000
Included in asking price
FF&E$50,000
Included in asking price
Real Estate$450,000
Included in asking price
Business Description
This 5,284-sf Hardware Store with a 1,500-sf 4-bedroom residential rental unit on a +- .92-acre lot stands as a testament to the enduring value of a community-centered business. For over four decades, this longstanding hardware store has been a mainstay of this community in the NW Florida Panhandle. They offer a wide array of products and services. From the smallest nuts and bolts to custom mixed paints, key cutting, and essential plumbing and electrical supplies. Custom-built window screens along with repairs and replacements have been core services popular throughout the surrounding area. Custom picture frames, custom cut glass and plexiglass. Custom cutting and threaded gas and galvanized water pipes are also provided for those tricky repair projects. Its unique location, as the sole provider over 4 miles from the nearest competitor—has cemented its status as a vital resource in the area. As the current owner prepares to retire, this turn-key operation presents a remarkable opportunity for an entrepreneurial individual to continue a legacy of success and community service.
About the Business
Years in Operation
65
Employees
1
Facilities & Assets
5,284-sf Hardware Store with street front to major thoroughfare with a separate 1,500-sf 4-bedroom residential rental unit on a +- .92-acre lot. includes over 1/2 acre of outdoor storage.
Market Outlook / Competition
No other Hardware store competitors within a 4-mile radius.
Opportunities for Growth
The possibilities of utilization of the property and adjoining 1/2-acre outdoor storage is wide open.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
6,784
About the Sale
Seller Motivation
Owner plans to retire
Transition Support
Owner will provide 30 days of transition training. Open to extending with negotiated salary.
Financing Options
N/A
Listing Info
ID
2336812
Listing Views
375

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Business Listed by: Doug Whiting Sunbelt Business Brokers and Business Brokers South

Listing ID: 2336812 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.