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Small-town Hardware Store

Maupin, OR

Seller Financing Available

listing image
Asking Price:$239,999
Gross Revenue:$665,000
Rent:$1,100/Month
Established Year:1973
Cash Flow:$79,000
Inventory:$155,000
FF&E:$50,000
Listing ID: 2112246Listing provided by BizBuySell
BUSINESS DESCRIPTION

This is a chance to own a clean and quaint small-town hardware store within a supportive community. This business is an essential part of Maupin and South Wasco County, providing much needed year-round supplies and services to ranchers, farmers, contractors, visitors, and locals. Not only does this store support the community, but it provides a steady and healthy income for the owner(s).
This store is proud to be locally owned and not corporately driven. The main supplier is Do it Best, a member-owned hardware, lumber, and building materials cooperative. Do it Best is the second-largest co-op in the industry with connections to other suppliers to expand your inventory and offerings. However, a new owner could choose a different main supplier such as Orgill or True Value. Enjoy the freedom to run your business your way, choose your own inventory and hours, and fulfill the community needs. Customer service and hardware knowledge are what set this store apart from the big-box stores, so bring your experience and willingness to the table. Along the way, you will embrace the local vibe, enjoy the ebb and flow of the tourist season, and rejoice in the quieter pace of life here.
The store is located directly across from the local post office and on HWY 197 – providing plentiful opportunities to catch those sales and keep this essential store running!

DETAILED INFORMATION
Location
Maupin, OR
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,785
Lease Expiration
30/06/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Store is perfectly situated on Hwy 197 between Portland and Bend/Redmond. Retail area includes 3,150 sq ft of sales floor and large storage area in back for lumber, concrete, etc. There is plentiful parking along HWY 197 and on the side of the building on a private parking lot. All the necessary furniture, fixtures, equipment, and inventory come with the sale, offering the perfect turnkey opportunity. The store has been in business for 50+ years, offering security, stability, and opportunities for expansion.
Competition
The store has a lengthy history as a hardware store with the customary plumbing, electrical, sporting goods, lawn & garden, lumber, and paint departments. It is positioned as the main supplier for South Wasco County, including schools, local contractors, and the city, thus has a stable and supportive clientele. For the past 4 years, the owners have listened to the community and refreshed and updated products, stocked ample inventory, and recreated the home-town hardware store feeling and customer loyalty. Home Depot and Ace are over 40 miles away.
Growth & Expansion
There is a need for construction materials in the area. The addition of masonry products and option for delivery could establish the store as the only local source for masonry blocks, retaining wall blocks, deck blocks, and pavers. Maupin is a wonderful tourist destination; adding food carts or rentals (bikes, e-bikes, single-person rafts, belly boats, etc.) could be a great addition to capture the summer-time tourists.
Financing
30% down - owner can carry contract
Support & Training
Owner is willing to provide 4 weeks of on-site training and 2 weeks off-site thereafter.
Reason for Selling
Would like to relocate to be closer to family.
BUSINESS LOCATION
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Mark Roper
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Mark Roper
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