Business Summary
MOTIVATED SELLERS ALL REASONABLE OFFERS CONSIDERED Well established and very profitable New Jersey retail store selling Hardware, Farm & Pet Animal Feed & Lawn & Garden supply business. This business has been in operation and run by the same family since 1978. Open 7 days a week and is housed in 2 buildings (3,500 & 6,500 sq. ft.) which are adjacent to each other. The Hardware sales represents approximately 40% (with 1 main supplier approximately) 40% feed related products (which are serviced by 4 main suppliers) and 20% Lawn, Garden & other. The company also extends credit to their 200 +- house accounts. All financial information is fully verifiable and comes directly from sellers signed and filed federal tax returns. There is approximately $320,000 +/- of cash flow available for debt service and working owner compensation based on 2013 results (which includes adding back the current rent of $48,000.00 less $12,000.00 real estate taxes which is not paid by the business ). This business has been pre-approved for SBA financing for qualified buyers with $250,000.00-$300,000.00+/- down payment.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
The property is owned.
This is not a home based business opportunity.
This is not a franchise resale opportunity.
Property Details
Other Business Details
Premise Details:
The business operates out of 10,000 sq. ft (2 Buildings 3500 sq ft & 6500 sq ft) with plenty off street parking.
Business Operation Details
Support & Training:
The owner is willing to train/ assist the new owner.
Miscellaneous Details
Financing Available:
Yes
The business operates out of 10,000 sq. ft (2 Buildings 3500 sq ft & 6500 sq ft) with plenty off street parking.