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Two Established Kansas Hardware Stores with Growth For Sale! (37753B)

RetailFor Sale in KS

Listing ID: Two Established Kansas Hardware Stores with Growth For Sale! (37753B) | Broker Listing ID: BLP196420

Financial & Assets Details

$3,500,000
$500,000
$250,000
Yes
Over 14,000!+/-

About the Business

Opened 1924; Incorporated in 1976 & Acquired in 1987.
+10 nonunion
Yes
Yes

Business Description

Situated in Montgomery County of Southeast Kansas, these hardware stores provide an extensive line of high quality products. Listing’s one year warranty for sales and services, name recognition, and flawless reputation have made them a go-to for clients needing hardware items such as tools and major appliances, all provided by knowledgeable, service oriented sales assistants. One location is available for sale, while the other is leased. The Real Estate is purchasable outside of Asking Price, or a lease can be negotiable, as facilities are in excellent condition. Assisted by experienced teams of nonunion employees, the seller is available for a standard transition, so the company can continue operations with no disruption. Besides benefiting from a strong social media presence & advertising plans, promotion efforts include an online presence with their website as well as referrals from their large and recurring customer base. As a result of the company’s wide range of items, from plumbing, sporting goods and houseware, to paint, garden, and lawn materials, the diverse clientele is 70% Residential, 25% Commercial and 5% Industrial. The combined Revenues in 2022 will surpass $3.5 Million and Net Income will exceed $500,000.

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

One of two properties, valued at $100,000, is available for purchase outside of Asking Price!
Leasing can be negotiable.

Support & Training

Standard Owner Transition period.

Reason for Selling:

Approaching retirement and/or pursuing other interests.

Listing ID: Two Established Kansas Hardware Stores with Growth For Sale! (37753B)

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