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

Revenues: $3,500,000

Cash Flow: $500,000

FF&E: $250,000

Inventory Inc. in Price: Yes

Square Feet: Over 14,000!+/-

About the Business

Year Established: Opened 1924; Incorporated in 1976 & Acquired in 1987.

Employees: +10 nonunion

Seller Financing: Yes

Franchise Resale: 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.