Listing Details:

  • Business Category:     Hardware Retail
  • Price:                                      $2,500,000 including business                                                                   and real estate
  • Gross Revenue:              $2,451,987
  • SDE:                              $358,418
  • Seller Financing:          $500,000
  • Location:                       Greater Milwaukee Area
  • FF&E:                            $58,176       
  • Support & Training:     Seller offering extended training & support
  • Reason for Selling:      Retirement
  • Non Compete:                50 Miles for 5 years

 

Business Description

List price includes real estate valued at $1.6m. Personalized service with expert employees for every customer, depth of inventory, and long standing name recognition sets this one of a kind plumbing supply and hardware store apart from all the rest. Fully staffed with tenured employees and extremely low turn-over. Plumbing contractors and property management companies rely on this business daily to have every part needed to get the job done.

 

Business History

Established for over 60 years, at the same location. This iconic business is a fixture in the community.

 

Competitive Analysis

While big box may be perceived to be less expensive, this business has competed successfully with them for years with the combination of price and personalized service. It is known as the place to go for those hard-to-find supplies needed.

 

Growth Potential

Expanded service hours would be expected to easily increase revenues and earnings. Digital marketing has been limited historically, so strategic digital marketing could offer even further growth.

 

Owner Weekly Hours

 50

 

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