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Business for Sale Summary

BRANDED HARDWARE - 26019

Business Type: general merchandise store,misc. retail/non-classifiable,misc. wholesale/distribution/non-classifiable,new to market,business with property available,seller financing available,bldg materials/hardware/garden
Owner Financing
BRANDED HARDWARE
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Financial Information (non-confidential)

General Information
Asking Price $440,000 Down Payment $250,000
Gross Revenues $525,000 Lease Remaining Register Free to View
Owner’s Cash Flow $68,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and 190,000 over 5 years @ 7 %

Business Description

Suffolk County Branded Hardware Store & Plastic Container Business. Established 70 years, and owned 30 years by seller. Seller is only open 5 days per week, and closes by 5pm. This store is about 5000 sq. ft. and has a second level with possible use for offices or large apartment. Includes 2 entrances, large side yard and rear yard. Great free-standing building with good parking and super street visibility. This store sells lots of keys, nuts, bolts and hard-to-find items. Contractors love this store. Seller was doing double the business, but sellers cut hours in half to cater to family needs. This store is a great store to merge with second business, such as plumbing & heating, fence company shed, paint store, janitorial supplies, pond supplies, work uniforms, or just about anything. Location, location, location. Sale includes seller's support and $400k in retail inventory, plus lots of extras. Seller also offering real estate thru PMTG Realty for an additional $895,000 . Contact broker Jim Aloi. Taxes only $18k per year. Large industrial stucco building with 2nd level. Multi-use building and business- must see! The sky is the limit with the use and profit that can be built from this incredible location. $1.3 takes all business & real estate.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.