RetailThis hardware store business has operated continuously since 1999 and enjoys strong repeat business. Vendor and supplier relationships are long-standing, with favorable terms that a new owner will step into. The business has grown organically with virtually no paid advertising for most of its history, a testament to the strength of its reputation. Demand is driven by non-discretionary need, making the business resilient in a range of economic conditions. This is a turnkey opportunity for an owner-operator or a strategic buyer looking to expand in the market.
Owner is scaling back for health-and-lifestyle reasons and will assist with a full transition.
Operates from a 9,830 sq ft commercial space in a high-visibility location with ample parking.
A new owner could grow by adding outside sales, pursuing commercial contracts, and increasing marketing spend.
Modeling Established Hardware Store Serving Minneapolis Since 1999 · $513K
Asking price is $513K. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerThe documents below open to qualified buyers in the secure data room after a signed NDA.
