Asking Price: $1,490,000
Gross Income: $2,750,000
Cash Flow: $458,000
Key Features:
Long-Standing Reputation: This hardware store has been a trusted name in the community for many years, with a loyal customer base and a strong presence in the local market.
Extensive Inventory: The store is fully stocked with a wide range of hardware supplies, tools, and specialized products from major brands. It includes a full line of paints, locksmith services, plumbing supplies, electrical supplies, and seasonal products. The store's affiliation with Do it Best provides access to an even broader selection of inventory, ensuring customers have everything they need for their projects.
Prime Location: Situated in a high-traffic area of North Shore Suffolk County, the store benefits from excellent visibility and accessibility.
Turn-Key Operation: The sale includes all inventory, fixtures, and equipment, allowing for a seamless transition for the new owner.
Growth Potential: Opportunities exist to expand the business further, including the introduction of online sales and additional product lines.
Facilities: The store operates out of a well-maintained facility with ample parking and room for potential expansion. The building is equipped with everything needed to continue operations without interruption.
Reason for Sale: The current owners are retiring, offering a unique opportunity for an entrepreneur to take over a thriving business with a solid foundation and significant growth potential.
This is a once-in-a-lifetime opportunity to own a piece of North Shore Suffolk County history. Don’t miss your chance to step into a well-established, successful business with a bright future.
Contact Information: For more information, please contact East Coast Business Brokers in Melville, NY.
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