Hardware and General Store in Delaware County NY - 30638

Financing

$250,000 Down and SALE PRICE INCLUDES APPROX. $300K IN INVENTORY. PROPERTY AVAILABLE FOR AN ADDITIONAL $200K FROM THE SELLER.

Business Description

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.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

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.