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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Clinton, NJ 59 Old Highway 22 Clinton, NJ 08809 (908) 735-6357 www.vrica.com vr4061@vrbusinessbrokers.com |
VR Business Brokers - Milford, CT 99 Cherry Street Milford, CT 06460-3455 (203) 878-0554 venture.prtnrs@snet.net |
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Business Listing Details |
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LISTING#: |
I1520: Hardware/Electrical Supply Country Hardware |
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LOCATION: Northern Connecticut |
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ASKING PRICE $350,000 |
AMOUNT DOWN $350,000 |
REVENUES: $380,000 |
DISCRETIONARY EARNINGS $55,000 |
TOTAL ASSETS $214,950 |
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| Business is a hardware store in a small town serving contractors and home owners. Sales run in the $380,000 range. Product inventory includes a full range of typical building, paint and lawn care products. Inventory of $200,000 at seller cost is included in the sale price. Owner has a loyal following who rely on the proximity of the store and the service he provides in spite of the major building retailers within 5 miles of his business. The setting is an attractive strip mall also including a food market. This business will be interesting to a tradesman with experience in building hardware to assist contractors and home owners with their needs because of his skills in giving advice. In addition, a retired professional coming from the business or legal community who is set financially, is looking to stay active in business and has always wanted to run a hardware store. The country setting and friendly atmosphere of the community will be an interesting change of pace for him. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |