Successful Hardware Store in Desirable NW Michigan *** PRICED TO SELL
| Asking Price: | $600,000 |
| Gross Revenue: | $876,816 |
| EBITDA: | $104,224 |
| Real Estate: | $820,000 |
| Cash Flow: | $154,224 |
| Inventory: | $475,000 |
| FF&E: | $89,500 |
Opportunity to Live the Life in Northern Michigan
*** BUSINESS PRICED TO SELL ***
ASKING PRICE 37% BELOW APPRAISED VALUE
Rooted in history and bolstered by innovation, this hardware store has become a cornerstone of the community, offering an extensive and diverse range of products and services. This hardware store has evolved into a full-service hardware haven, boasting an expansive inventory that includes core hardware essentials, lumber, housewares, seasonal items, outdoor living supplies, marine equipment, fishing gear, camping essentials, and boat & RV provisions. The store's commitment to excellence extends beyond products, encompassing an array of valuable services, including screen repair, glass cutting, propane exchanges, DNR licenses, pipe cutting and threading, key duplication, and UPS shipping.
Their reputation as a premier destination continues to thrive, with the geography experiencing a surge in popularity. The company has experienced sales growth and is anticipated to be robust, further fueled by the increased demand from contractors and the upswing in new home construction and remodels.
The dedication to excellence exhibited by this store has earned it accolades and recognition. The store's consistent acclaim has elevated its status to one of the top establishments in their market.
This opportunity to steward the legacy of this hardware store beckons. This iconic establishment, firmly anchored in the community's fabric, offers discerning investors a chance to contribute to its rich history while nurturing its promising future. With a legacy rooted in time-honored values and a strategic vision poised for growth, This company beckons as a unique and compelling investment prospect.
