Locally Owned and Operated Neighborhood Hardware Store
Listing Number: 6842-541273
Listing Details
- Down Payment: $350,000
- Sales: $221,329
- Seller's Discretionary Earnings: $0
- Inventory: $220,000
- Furniture, Fixtures, and Equipment: $100,000
- Rent: $12,395
- Employees: 2
- Year Established: 1992
- Reason for Selling: retirement
Business Description
Locally owned and operated hardware store serving the Upper Manhattan community. The company offers a broad selection of hardware, home improvement, repair and maintenance products and assistance tailored to the specific needs of local homeowners, contractors, building supers, professionals and DIY customers.
A key strength of the hardware store is its personal, owner-operated nature. The owner is actively involved in the business. This hardware store is more than a place to purchase hardware-it is a familiar and trusted local business where customers can receive knowledgeable assistance and find the items they need for everyday repairs and home-improvement projects.
The business is distinguished by its personalized service, product knowledge, and abiity to help customers identify and source specific or hard-to-find items. It's longstanding presence in the neighborhoodnhas allowed the company to develop relationships and a loyal customer base.
This is a rare opportunity to acquire a genuine neighborhood business with decades of history, established customer relationships and a strong presence.