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ACE Hardware for Sale Quick Sale Required - Under Contract
Listing ID: SA1760
Description
UNDER CONTRACT
This semi-absentee run ACE Hardware Store for Sale was built new in 2013 and is located on a busy street in a desirable, close in, North Atlanta suburb. Store is for sale at inventory value because the rent is under market rate and will be adjusted to market rate rent on renewal in three years. Market rate is TBD.
Located on the “going home” side of the road the store serves three distinct bedroom communities with room to add revenue streams. It is a great location with optimal ingress and egress. Known for exceptional customer service and broad selection of products, they are one of Atlanta's favorite places to shop. From hard-to-find plumbing parts to beautiful plants and gifts, one visit and you'll see why ACE is the Place. This business is priced at inventory value only to facilitate a quick sale.
INVESTMENT HIGHLIGHTS:
- The store is a staple in the community that it serves with captive audiences and a very loyal customer base.
- Good management team in place and well-trained employees that will remain in place post acquisition.
- Owner works only 3-4 hours a week in the business. A hands-on owner-operator could positively impact revenue.
Financial information
- $295,000 Asking Price
- $62,157 Cash Flow
- $826,973 Gross Revenue
- $295,000 Inventory
Reason for sale
Immediate family health issues have become a priority for the owner.
Detailed information
Home Based:
NoFranchise:
YesDistressed:
NoRelocatable:
NoWilling To Train:
Seller is willing to trainReal Estate Available:
NoFull Time Employees:
10Listing Id:
SA1760
Contact Us
Doreen Morgan
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