Gardiner's Hardware Hank & Furniture For Sale
Pine River, MN
| Asking Price: | $399,000 |
| Established Year: | 1935 |
| Inventory: | $400,000 |
Listing ID: 1931311Listing provided by BizBuySell
BUSINESS DESCRIPTION
PRICE REDUCED TO $399,000 FROM $499,000!
Gardiner’s Hardware Hank & Furniture is a 3rd generation family business established in 1935 that sells hardware, housewares, appliances and furniture. The business includes an approximate 17,000 sq. ft. facility on a corner lot in the beautiful city of Pine River. The main level contains hardware and giftware, the upper level contains furniture and appliances, and the lower level contains a toy section. This is a once in a lifetime opportunity to own a successful business in the beautiful Lakes Area! $399,000 + Inventory (Inventory is estimated to be approximately $400,000 - $450,000). Price Includes Business, Real Estate, Furniture(Excluding Retail Furniture), Fixtures & Equipment.
DETAILED INFORMATION
Location
Pine River, MN
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
17,736
Employees
5
Facilities
Main Level: 7,000 SF (Hardware & Housewares); Upper Level: 7,000 SF (Appliances & Furniture); Lower Level: 3,736 SF (Toys & Storage). Detached Storage Garage: 864 SF. 9,500 SF Lot with 50’ along Barclay Ave & 140’ along1st Street N.
Growth & Expansion
Key Investment Considerations: Open on Sunday’s - New owner could open the store on Sunday’s; Advertising - The business currently does not pay for any advertising; and Promotions - Add more promotions to attract customers.
Support & Training
The seller would like to assist a new owner after the sale of the business to ensure a successful transfer. It is important to the seller that the positive legacy of the business continues for generations to come.
Reason for Selling
Owners wish to retire.
BUSINESS LOCATION
Report an Issue with this listing
SIMILAR LISTINGS
