**Profitable Established Retail Hardware Co-op For Sale**

Wake County, NC

Seller Financing Available

Retail Hardware and Tools Business for Sale
Asking Price:$1,448,697
Gross Revenue:$1,369,028
Rent:$8,403
Established Year:2023
Cash Flow:$188,475
Inventory:$750,000
FF&E:$55,000
BUSINESS DESCRIPTION

**Profitable Hardware Store For Sale in the Fastest Growing Rural area of NC

For Sale - Highly Successful Hardware Business

Located in the fastest-growing rural area of North Carolina, this thriving hardware business, established in 2023, offers a prime opportunity for acquisition. Situated at a busy intersection and surrounded by high-traffic businesses, the store enjoys maximum visibility and easy access, driving foot traffic and steady sales. The business benefits from a distinct lack of local competition, establishing itself as the go-to hardware store for the surrounding community. This strategic location and limited competition have enabled the business to outperform the Co-op national average in profit margins.

The store is well-stocked with a diverse range of products and services, including hardware, brand-name tools, electrical and plumbing supplies, lawn & garden products, and a recently introduced propane service. A fully stocked paint department further enhances the store’s comprehensive offering, catering to the needs of homeowners, contractors, and DIY enthusiasts alike.

The business is supported by a knowledgeable, friendly staff committed to providing excellent customer service. Full-time management is in place, with an experienced manager overseeing daily operations. With 18 years of industry experience, the manager has played a key role in ensuring smooth operations, driving customer loyalty, and contributing to the overall success of the business.

This business has consistently outperformed all comparable listings in our memorandum in terms of SDE (Seller's Discretionary Earnings) percentage to gross sales, further highlighting its strong profitability and efficient operation.

Key Features:

Prime Location: High-traffic intersection in a rapidly growing rural community with minimal local competition.
Strong Profit Margins: Outperforms the Co-op national average due to its dominant market position.
Comprehensive Product Range: Includes hardware, brand-name tools, plumbing, electrical, lawn & garden supplies, propane services, and a well-stocked paint department.
Experienced Management: Full-time management with 18 years of industry experience ensures smooth operations and excellent customer service.
Well-Stocked Inventory: Always fully stocked, with a focus on quality and availability to meet customer needs.
Exceptional Performance: Outperforms all comparable businesses in terms of SDE percentage to gross sales, demonstrating superior profitability.
Asking Price: $1,448,697, which includes $750,000 in inventory, resulting in a 3.6 multiple based on the business's cash flow of $188,475. This is a fantastic opportunity to acquire a well-established, profitable business in a high-growth area with ample potential for further growth by adding additional products and services. Detailed information on growth opportunities is available in the seller’s 32-page memorandum, provided to interested buyers after completing the seller's requested buyer profile and executing an NDA. Call Brooks Pointe Corporation today to discuss.


DETAILED INFORMATION
Location
Wake County, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
8,768
Lease Expiration
01/06/2026
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates in a prime, high-traffic location with a spacious and well-organized facility. It features a large retail area with designated sections for parking, hardware, tools, plumbing, electrical supplies, lawn & garden products, and a fully stocked paint department. The store is fully stocked with $750,000 in inventory, including brand-name tools and propane services. Assets also include quality equipment, fixtures, POS systems, and forklift for deliveries.
Competition
The hardware market is robust, with consistent demand from residential and commercial customers. While national competitors like Home Depot, Lowe's, and other Hardware stores are present, this business stands out due to its prime location and minimal local competition. The lack of nearby rivals allows it to capture a larger market share, offering personalized service and a specialized product selection that national chains may not carry. Its strong customer relationships further differentiate it from the competition.
Growth & Expansion
There are significant growth opportunities, including the expansion of services like tool rentals, which would appeal to contractors and DIY customers. A neighboring facility is available for lease, providing space for this expansion. Additionally, the area's rapid growth offers potential for increasing product offerings and capturing a larger customer base. Expanding services and product selection would further boost revenue and solidify the business’s market position.
Financing
SBA, Conventional, Cash, and Seller Carry options available.
Support & Training
The business offers comprehensive corporate support and training, including guidance on inventory management, customer service, and operations. The full-time staff is well-trained and dedicated, providing excellent customer support. The new owner will also benefit from ongoing corporate resources, ensuring access to industry best practices and product updates.
Reason for Selling
Seller is retiring due to unforeseen health concerns.
Franchise
This business is an established franchise
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TJ
Bunday
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TJ Bunday