Hardware Store
Location: Ohio > Lucas County > Toledo
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $300,000
Gross Revenue: $526,000
Cash Flow: $87,000
Inventory: $150,000 (Not Included in Asking Price)
Real Estate: $350,000 (Not Included in Asking Price)
Seller Financing: Will consider, for qualified buyer
Business Summary
In business since 1946. Traditional hardware store, extremely strong in plumbing and electrical, and servicing customers: full service glass and screen repair, small engine repairs, full service tool sharpening, fulls service spa and pool sales and service. Also, probably the area's largest distributor of after-market automotive sheet metal (fenders, hoods, doors, etc.)

Little competition against this store on this side of town. All the big box hardware stores are across the river. One competitor this side, but doesn't fuly serve the customers. This store reaches into southern Michigan market, as well; especially for after-market auto parts.

Very motivated seller. Both he and wife have had surgeries in recent years and need to retire.

Both business and real estate (5 city lots) are for sale.
About the Business
Year Established: 1946
Employees: 4 full time - 6 part time
Franchise: Yes
Facilities: 12,000 square foot facility, inlcuding small engine repair shop
Market Outlook and Competition: Competition is limited on this side of the Maumee River. Practically no competition anywhere in the area to speak of for its specialty of after-market auto body parts.
About the Sale
Management Training and Support: Seller will stay as long as wanted.
Reason For Selling: Age, knee surgeries.

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Listing Tools
BizQuest ID:864507
Seller ID:011-07/179
Business Listed By
Name:Noel Danto
Company:Sunbelt Business Brokers of NW Ohio
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