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Hardware Store w/Property NW Florida Panhandle

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Asking Price
$550,000

Asking Price Notes:

Includes property with 5284 Sf building and 1500 Sf residential rental unit on +-.92 acre. $100K inventory and $50K FFE

Annual Cash Flow $39,740

Annual Cash Flow Notes:

Cash flow numbers does not include rental income from residential unit

Annual Revenue $140,462

EBITDTA:

EBITDTA Notes:

FF&E: $50,000

FFE Notes:

Includes 2ea Rigid pipe threading machines with 1/4" to 4" capacity with accessories, chop saws, all racking, gondolas display cases

Lease Rate: $0

Ref ID: 56556

Real Estate: $450,000

Established: 1960

Business Description

This 5,284 sf Hardware Store with a 1,500 sf 4 bedroom residential rental unit on a + .92 acre lot stands as a testament to the enduring value of a community centered business. For over four decades, this longstanding hardware store has been a mainstay of this community in the NW Florida Panhandle. They offer a wide array of products and services. From the smallest nuts and bolts to custom mixed paints, key cutting, and essential plumbing and electrical supplies. Custom built window screens along with repairs and replacements have been core services popular throughout the surrounding area. Custom picture frames, custom cut glass and plexiglass. Custom cutting and threaded gas and galvanized water pipes are also provided for those tricky repair projects. Its unique location, as the sole provider over 4 miles from the nearest competitor—has cemented its status as a vital resource in the area. As the current owner prepares to retire, this turn key operation presents a remarkable opportunity for an entrepreneurial individual to continue a legacy of success and community service.

Detailed Information

State:Florida

Listing Agent:Doug Whiting

Inventory: Included in asking price

Real Estate: Includes property with 5284 Sf building and 1500 Sf residential rental unit on +-.92 acre. Over .5 of an acre of outdoor storage

Building SF: 5,284 and 1500

Employees: 1 Pt

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Pensacola

Phone:(850) 943-2207

Facilities: .92 +- acres with street front on major thoroughfare.

Support & Training: Owner to provide 30 days of transition assistance.

Reason for Selling: Owner plans to retire.

Lease Expiration: N/A

Financing: N/A

Competition: 4 mile radius to closest competitor


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