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54 Years Elite Hardware Store
Location: United States -> New York -> Manhattan
Industry: Retail > Home and Garden Retail




Business Summary

There are hardware stores and then there are GREAT hardware stores. This is the latter. Situated in midtown Manhattan since 1958, the store is an integral part of a neighborhood boom in building. New construction and conversions are happening all around them. These are all high end buildings. There are many new hotels and more coming which ads to what makes this neighborhood so special. After 54 years in business everyone in the area shops in this store both residents and building managers alike. The lease has just been renewed, is good until 2026 and is extremely reasonable for this area. You will not find a more solid business in the city of New York! For More Information Contact Your Local Vested Business Broker, Ken Zwiebel, at 1-877-735-5224.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,575,000
Cash Flow:   $359,601
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1958
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train
Reason For Selling:  Retirement

Photos

View Larger Photo(s) Of Business
54 Years Elite Hardware Store Photo 1 54 Years Elite Hardware Store Photo 2 54 Years Elite Hardware Store Photo 3




Print Listing Id: 700198673
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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