Hardware & General store

Warren County, MO

Seller Financing Available

stock photo
Asking Price:$2,075,000
Inventory:$375,000
Real Estate:$600,000
Gross Revenue:$1,057,650
FF&E:$65,000
Established Year:1937
BUSINESS DESCRIPTION

Be your own Boss and take control of your destiny

Opened in 1937 this hardware store has been in continuous operation at the same location and for most of its existence it has been in a rural setting. However, In the past 15-20 years urban sprawl has been changing the landscape in a positive way. Today the growth is apparent. this business has been cash flowing through out and the opportunity for growth is immense.


DETAILED INFORMATION
Location
Warren County, MO
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
10,000
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The building has been added onto several times over the years, this has been done professionally and maintains good function. this is located close ( with in 2 blocks) of a major interstate. Assets are, Paladin POS system, Lozier Shelving , fork lift, flat bed p/u, security system, paint shaker and mixing system.
Competition
The next closest Hardware store is approximately 7 miles away and is of like kind ( small retail hardware ). the market is rapidly expanding as new large industries are moving into the community. the big box stores Home Depot, Lowes are 10 miles away and were opened in the early 2000's. market share for this location has been good with sales stable and increasing
Growth & Expansion
A new plant is bringing in 1,300 new jobs expected to open January 2025 many of these people will be moving to the area. There is also a great opportunity for online sales, currently this is not being done.
Financing
SBA ready
Support & Training
owner would consider staying on for a transition period
Reason for Selling
owner has other businesses that they want to focus on, they are not in retail sa
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Jeff Johnson
Jeff Johnson Fox & Riley Real Estate