Hardware and General Store in Delaware County NY
Delaware County, NY

Financing: $250,000.00 Down and SALE PRICE INCLUDES APPROX. $300K IN INVENTORY. PROPERTY AVAILABLE FOR AN ADDITIONAL $200K FROM THE SELLER.

Reason for Selling:Retirement.

Hardware/general store for sale with property and very limited competition. This business is the center of commerce in area. They are well-established with a great reputation. They offer a full line of hardware and home improvement supplies, nursery and lawn care items, sporting goods, gifts, groceries, deli products, newspapers, produce and farm products, in season. There is only one other hardware store that is remotely close, and it is 4 miles away. The closest Home Depot or Lowe's is 24 miles away. The sale price includes $200k in inventory. In the past year, the business grossed approx. $460,000.000 with a cash flow of approx. $149,420,00. You can lease the property with a 20-year lease, but the property is available for sale for an additional $200k, with only 15% down for a qualified buyer with good credit. That includes one acre or property, the 3,500 sq. ft. store, two apartments (a two-bedroom, generating a rent of $600/month, and a three-bedroom, generating a rent of $800/month), and an additional dry storage space of 30 x 60. We are seeking a serious and financially-qualified buyer with at least $230k in liquid funds to cover the asking price and inventory.

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