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Financial Information

Asking Price: $475,000

EBITDA:

Gross Revenue: $665,000

Cash Flow:

FF & E: $165,000

Inventory: $375,000

Financing:

Business Location

Atlanta

Description

Under-capitalized owner forced to sell this brand new in-town ACE Hardware location that has everything going for it:
1) Highly desirable, hard to find, in-town location.
2) Incredibly favorable lease terms at $11.50 sq. ft.
2) Fantastic demographics:  17,000 homes within 2 miles with an average household income of $113k.
3) Above average metrics for a new location: 100 customers a day and growing with an average check of $21.03
4) Loyal customer base happy to have a neighborhood hardware store as evidenced by 75% ACE Reward participation and product mix that proves customers shop for daily consumables.
With the heavy lifting and heavy capital outlay in the rear-view mirror, this is an excellent opportunity for a buyer to step in and reap the rewards.
 
FINANCIAL HIGHLIGHTS:
Current 11-month Revenue:  $635,000 Adjusted Net Income: (21,000)
Purchase Price: $475,000 includes $375,000 in Inventory and $165,000 in new furniture, fixtures and equipment. 

REASON FOR SALE

Under Capitalized

facilities

1

Details

Home Based:
No
Year Established:
2018
Franchise:
Yes
Year Acquired:
2018
Distressed:
No
Willing To Train:
Yes
Relocatable:
No
Listing ID:
SA1499

Doreen Morgan

CEO and Managing Director
770-936-9099 x 800

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