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Hardware Store and Equipment Rental in Western Co- High Growth Area

Montrose, Colorado (Montrose County)

Retail - Blding Mat., Hardware, Garden | Retail - Miscellaneous Retail

Asking Price $1,275,000 Inventory $795,000* 
Gross Income $1,510,000 Real Estate  
Cash Flow $300,000 Year Established 1984
FF&E $215,000* Employees 15-20

* included in the asking price

** not included in the asking price

Great business for sale

Even the recession has caused very little sales decrease in a downtown hardware and rental operation. This 25 year,full service hardware store is located in the heart of Western Colorado. The operation includes a 15,000 sq ft hardware store, with additional warehouse space nearby. Member of a major hardware buying group.Signature departments include a Stihl chainsaw repair and sales, homeowner equipment rental, full service engine shop and a party equipment division. All real estate is leased, long term. Store is very well respected in the community. Sales figures show a rebound. Projected sales volume down in 2009 by less than 3%. The store has remained well stocked, with really knowledgable personel.

Facilities: Facilities are leased @ about $6 per sq ft., ten yr lease, triple net. 15,625 sq ft main building with additional basement. Also a 6200 sq ft warehouse, one block away. Store is located in a downtown setting- small town with 85,000 regional shoppers. Safe place, with sunny weather nearly everyday.

Competition: Competition includes an add'tl independent hardware store, ag store and a Home Depot.Other competion is over 60 miles away. Many goods and services in store are not available in other stores nearby. For example, we are the Stihl power equipment dealer in the area. Party and equipment rental enjoys little or no competition in a 70 mile radius. Party uses a website that allows brides to plan their weddings .www.parkavenueparties.com We also provide many services, such as power equipment repair, delivery, keys cut, special orders, screen repair, etc.

Growth/Expansion: Our buying group allows the owner the independence to design your own store and sell what you want. We are not associated with a franchise.Remodel opportunities are available through the hardware chain, however you remain strictly an "independent retailer". The rental equipment division has shown double digit increases in sales, 8 out of the last 9 years.

Support/Training: As needed, based on experience of buyer and their desires.

Reason Selling: 26 years of retail and ready to retire

Business For Sale By

Chris Adams

970-249-1680

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