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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

Hardware Store

Hardware Store

Wayne County

Listing#: C2660

CBB-website tags Small v1-2-01
Description

Up for sale is this is a long-established hardware store doing upwards of $600,000 in annual sales. The 6,500 sq ft. facility is located on the far west side of Detroit on a busy road and has recently been renovated including the parking lot which has been fenced in and resealed. The current owner of the building is willing to offer flexible lease options. The business has a large selection of Lawn & Garden, Electrical & Plumbing, Automotive, Engine Repair, Paint Color Matching, Cleaning Supplies, Pesticides, and Tools & Housewares. The in-house services include key cutting, glass cutting, screen & window repair, small engine repair, paint mixing, etc. The store has 9 departments managed through a state-of-the-art software/POS system. This is a perfect opportunity for an experienced owner/operator to further increase the revenues by increasing marketing and also offering complementary services to the already existing customer base. Call us today to learn more.

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Business Overview

Revenue $621,979
Cash Flow TBD
Inventory $200,000
Year Established 1940's
Seller Financing Yes
Employees 3FT 2PT
Asking Price $75,000
Key Statistics
  • Hours of Operation: Sun: 10am - 5pm, Mon-Fri: 8am-7pm, Sat: 9am-6pm

  • Employees: 3 Full Time 2 Part Time

  • Year Established: 1940's

  • Year Acquired: 2017

  • Liscence Required: Sales Tax

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $621,979

  • Source: Tax Returns

  • Cash Flow: TBD

  • Source: Seller Provided Financials

  • Inventory Value: 200,000

Seller Financing
  • Business Price: $75,000

  • Down Payment: $75,000

  • Monthly Payment: $TBD

  • Interest Rate: 5%

  • Amortization Period: 60



Location
  • Monthly Rent: $2,500

  • Lease Terms: New Lease

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Disclaimer

This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.