Location: Allegheny County, PA.
Listing ID: P062123
This popular and profitable, full- service family hardware business has been well known and highly reliable for customers ln and around the Pittsburgh area for over 40 years. Located in a nice community-minded suburb, it has been the go-to business for thousands of quality products, reliable services, and expert advice. It is run by the owners who are planning for retirement. The profitable business is being offered for sale with the real estate, priced separately. It includes 3 parcels with two buildings and a parking lot all in very good condition.
The thousands of traditional inventory items include various hardware, fasteners, paint, supplies, plumbing, electrical, lawn and garden as well as hand and power tools. Some of the services offered include small engine repair, re-screening, re-keying locks, making keys, welding, pipe cutting, threading and glass cutting.
The sellers have been very successful for many years at running the business and are ready for retirement. The business is turnkey with a loyal and large customer base. The seller will help with a buyer transition and training.
Real Estate is for sale with the business. There are 3 parcels with two buildings and a parking lot. All ins very good condition no capital expenditures needed. Real Estate is priced separately at $550,000 for all 3 parcels.
Gross Revenue: $700,000
Cash Flow: $120,000
Inventory: $150,000 (Included in Price)
Real Estate: $550,000
Reason For Sale:
Year Established: 1983
Year of Last Acquisition: 1992
Days & Hours of Operation: 7 days
Owner Hours Per Week: 40
Employees: 7 p/t
Lease Option: real estate for sale - $550,000
Monthly Rent: n/a
Type of Location: Multiple Retail stores with parking
Square Footage: 3200 sq ft main hardware store, 1400 sq ft attached lawn and garden store, 1800 sq ft parking lot
Full stocked traditional hardware store and services, authorized power equipment dealer, small engine repair services and parts.
Longer term bank financing available with real estate purchase along with business.