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Old School Queens Hardware Store
Location: United States -> New York
Industry: Retail > Home and Garden Retail




Business Summary

Neighborhood mainstay. Busy street, corner property on the Queens Long Island Border with steady revenue. Family owned for over 30 years and now ready for the next generation. $250,000+ in inventory, fully catalogued and organized. On site parking and low rent add to the value. The store is perfect for someone that loves the nuts and bolts of the hardware biz and wants to walk into a turn key operation...and yes they make keys too. Owner will be retiring and leaving in place a dedicated staff. He will offer training as well to help in the transition. They are fully staffed, yet the payroll expense is under control. A main street business with meticulous books and a stellar reputation. This biz is too good to pass up.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $700,000
Cash Flow:   $150,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  retiring




Print Listing Id: 700332236
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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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