Hardware Store

Oakland County, MI
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Asking Price:$799,000
Gross Revenue:$1,923,033
Rent:$10,015.38
Cash Flow:$190,694
Inventory:$650,000
Established Year:2013
BUSINESS DESCRIPTION

This is a great opportunity to own a well-established, very successful community Hardware Store located in Oakland County. Established in 2013 and located at a busy intersection, this 12,651 sq ft well-organized store has a great selection of all the essential hardware items for the DIY customer. The store provides hardware, plumbing, electrical, tools, lawn & garden supplies, lawn equipment, paint and so much more. The store draws from surrounding area cities and well equipped to cater to all customers. Website offers thousands of items for sale in-house along with free pick up from store. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding additional services, deliveries, Outdoor Nursery, SEO presence, commercial accounts, offer hobby toys, parts & repairs, adding additional home improvement, retail items and services, you have HUGE potential. Authorized Benjamin Moore paint dealer! This is a turnkey recession-resistant business only needing a new owner/operator. A must have/must see business that will not last long. Seller will stay onboard to properly train new owner. Call Armen Nazarian Business Brokers


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
12,651
Employees
13
Facilities
The store provides hardware, plumbing, electrical, tools, lawn & garden supplies, lawn equipment, paint and so much more. The store draws from surrounding area cities and well equipped to cater to all customers. Website offers thousands of items for sale in-house along with free pick up from store.
Growth & Expansion
Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding additional services, deliveries, Outdoor Nursery, SEO presence, commercial accounts, offer hobby toys, parts & repairs, adding additional home improvement, retail items and services, you have HUGE potential.
Financing
SBA/Bank/Cash
Support & Training
Seller will Train
Reason for Selling
Moving Out of State
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Armen
Nazarian
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Armen Nazarian