37686 – Growing ACE Hardware in Southern Arizona!
RetailFor Sale in AZ
Financial & Assets Details
About the Business
Price includes fixtures, furnishings, equipment and approximately $300,000 of inventory! This thriving Ace Hardware store in South Arizona offers general hardware, housewares, hand and power tools, paint, plumbing & electrical supplies, lumber, pipes, garden materials, ammunition, cement, and bricks. In addition, U-Haul Moving Rentals, automotive products and AmeriGas propane tanks are provided and refilled for residential market (90%) and small businesses (10%). Despite the current recession, the company has developed strong staff growth and increased sales to builders and contractors, promising continued growth for the new owner. The “Model Gross Sales Estimate” prepared by Ace Hardware in June 2020 projects Gross Sales at $1,255,037 this year. After a standard transition of three months, business is ready for strategic buyers to continue operations, thanks to a skilled personnel of fourteen employees with field experience agreeing to stay post-sale. Located on a major east/west intersection with great visibility, the 12,000 square foot facility with a large yard accommodating rental trucks and trailers. This great piece of property is currently subject to a Triple Net lease. Total Revenues in 2019 reached amounts of $836,987 alongside Seller Discretionary Earnings of $77,000. ACE franchise review https://franchisebiz.review/company/ace-hardware-franchise/
Financing can be negotiable for the appropriate buyer.
Support & Training
Flexible up to 12 months.
Reason for Selling:
Approaching retirement and/or pursuing other interests.