Ace Hardware & Mercantile
Location:
United States
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Oregon
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Myrtle Creek
Industry: Retail > Home and Garden Retail
Business Summary
Well established name brand Hardware and Mercantile business with real estate in Southern Oregon. Featuring hardware and general merchandise, the store has been in operation since 1951. Started as a ''Western Auto Store'' and converted to an ACE Hardware in 1982. Store is a retail anchor for down town area serving the local and surrounding areas. The building is well built, in good condition and has had many upgrades. Facilities: The main store building is 11,000 square feet with additional small mezzanine and a 2500 square foot basement. The location fronts first street for a full city block and down two side streets. The back of the store is wide open for unloading of semi trucks with merchandise. Also behind the store is the local post office where everyone comes to pick up there mail. There's ample parking, with a 22 X 36 foot Green House built in 2004. On another piece of property within 500 feet is a warehouse that is 3200 square feet plus a 1600 square foot mezzanine for a total of 4800 square feet of storage built in 1995. Town: This business is located in a town right on I-5 in Southern Oregon, half way between Medford and Eugene. You are two hours from the Ocean, two hours from Skiing, three and one half hours from Bend and the great Central Oregon resorts. You are also only one and half hours from Crater Lake National Park. Right in your back yard is great hunting and the great steelhead and salmon fishing in the Umpqua rivers. This is one of the nicest moderate climates in the United States, with four definite seasons. Competition: There's is very little competition in the immediate area. The store anchors downtown business sector. It is a major retailer of hardware, paint, home furnishings and appliances, sporting goods, electrical and plumbing supplies, lawn and garden products, housewares, toys, small appliances and much more. Contact for more information on this Ace Hardware & Mercantile business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$586,000
Cash Flow:
$58,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $300,000
Seller Financing: Yes
About The Business
Year Established: 1951
Number of Employees: 6 - 9
Relocatable: No
Franchise: Yes
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: The seller is also committed to seeing that a smooth transition of ownership takes place.
Reason For Selling: Retiring.
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Click on the "I'm Interested" button above for more information on this Retail > Home and Garden Retail business for sale.
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Print Listing Id: 70073732
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