Long Established Hardware Store In Ormond-by-the-Sea, Fl

Ormond Beach, FL
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Asking Price:$250,000
Gross Revenue:$325,000
Rent:$2,800/Month
Cash Flow:$72,000
Inventory:$110,000
Established Year:2004
BUSINESS DESCRIPTION

KNS Hardware stands as a testament to the enduring value of a community-centered business. For over two decades, this premier hardware store has been a cornerstone of the Ormond beachside peninsula, offering a wide array of products and services. From the smallest nuts and bolts to custom mixed paints, key cutting, and essential plumbing and electrical supplies, KNS Hardware has met the diverse needs of both local residents and visitors. Its unique location—being the sole provider for 11-miles on the peninsula and over 4 miles from the nearest mainland competitor—has cemented its status as a vital resource in the area. As the current owners prepare to retire, this turn-key operation presents a remarkable opportunity for an entrepreneurial individual to continue a legacy of success and community service.


DETAILED INFORMATION
Location
Ormond Beach, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,200
Employees
5
Facilities
Direct S.R. A1A frontage in north Volusia County with high visibility in primarily residential area. Abundant shelving, display racks, and counter space. Key Cutting Machine Paint Mixer Ample Inventory allowing for immediate turn-key operations.
Competition
Limited competition. Business is located on the barrier island. The nearest hardware store on the barrier island is 11 mile away. The nearest hardware store on the mainland is over 4 miles away.
Growth & Expansion
Growth opportunities by supplying power tools, lumber products and increasing online presence. Increasing hours of operations.
Support & Training
Training and Support is negotiable
Reason for Selling
Owners retiring
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Beau
Warren
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Beau Warren