Hardware, RV supplies, Fishing and Camping supplies and more!!!
Red River, NM
| Asking Price: | $975,000 |
| Gross Revenue: | $365,000 |
| FF&E: | $24,825 |
| Established Year: | 2012 |
| Cash Flow: | $105,000 |
| Inventory: | $138,000 |
| Real Estate: | $1,144,950 |
Listing ID: 2121504Listing provided by BizBuySell
BUSINESS DESCRIPTION
Own a Piece of Red River, NM History
Well established unique retail business. Specializing in hardware, RV supplies, and fishing and camping supplies. Also, books, knives, hats, and more. Our store is the only hardware store in Red River with the largest inventory of RV supplies in the area. Red River is a tourist destination. We have customers that have been coming to our store for years for their fishing and camping needs. We also have contractors and homeowners that are grateful that we have hardware.
DETAILED INFORMATION
Location
Red River, NM
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,504
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
A 2000sqft retail building with approximately $138,000 wholesale inventory, gondolas, computers, key machine and more. A 1,000sqft cabin that is currently an Airbnb rental with carport, furniture, appliances, and fully equipped kitchen but can also be used for a residence. A 384sqft finished building w/half bath retail space and a 120sqft retail storage building.
Competition
We are the only hardware store in town. Red River is a tourist destination with many vacation homes that require small repairs along with the other businesses and contractors in town that need hardware supplies. We have 31 active accounts with businesses and contractors. Williams is a well known business in Red River and was originally established in the early 60's. We have customers that look forward to coming to our store for their fishing and camping supplies each summer. Summer is busy for the fishing, camping, books and knives!
Growth & Expansion
Our hardware vendor, Blish Mize, offers many opportunities to expand the business. Products like flooring, cabinets and fixtures, a more extensive supply of paint are just some of the examples of ways to expand. There is also plenty of land to expand the building or build an additional house. We have added more income by turning the cabin behind the store into an Airbnb (called Dexter's Cabin)which has been super successful.
Support & Training
Up to 30 days, in house, training on POS, ordering, and stocking. Additional remote assistance for 6 months, if needed.
Reason for Selling
We are ready to retire and do more traveling.
BUSINESS LOCATION
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