Listing ID: MAH 17102017

Location: Manning, Alberta

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Hardware Retailer

 

Business Overview

This Canadian retailer of hardware, home renovations and gardening products is available for a motivated and enthusiastic entrepreneur. Own your own business, by being part of a greater organization; receive the support and experience from a well-ordered network. This business located in the heart of a small Northwest Alberta town meets the hardware needs for the community. The building is approximately 10,704 sq. ft. including retail, warehouse and office space. Additional unheated storage space is located on the premises. The store offers an excellent and highly visible location with plenty street parking. The store is efficiently stocked with items from gardening, to pet supplies, to sporting goods to hardware and home renovation items. Affiliated with a national network, this retailers has access to a wide array of products, with easy ordering and routine delivery service.

 

The building is available for sale under separate cover.

 

Why This Business

  • No royalties, no shares to purchase
  • Intensive Training Program
  • District Manager Support and Customer Relations Co-coordinator available
  • Recognized logo and retail name brand
  • Products based on market requirements in your area
  • Exclusive house brands offering quality and value for your customers
  • Electronic ordering system
  • National Advertising program
  • Turn-key operation
  • Strong business-related customer base
  • Note, asking price does not include inventory

Are the current owners the founders? Yes Рthis location
Is this a Franchise Business? No, its a dealership
Owner Support/Training: Offered by the vendors and Parent Company
Reason for Sale: Owners would like to pursue other interests

Business Premises and Location

Does the Vendor own the premises? Yes
Is the premises part of this sale? Available under separate cover
What is the cost of the lease? Lease details available upon request

Documents Available For Review (Subject to Offer)

Business Sales Memorandum, Financial Statements, Equipment List.

Operational Summary

Snapshot

Annual Revenue: $ 1,156,317 (2016)

Discretionary Earnings: $ 85,369 (2016)

Assets: $ 12,500

Information

  • Year Established – 1995

  • # of Employees – 1 F/T 3 P/T

  • Asking Price – $ 549,999.00

  • Seller Financing – Not Available

  • Inventory -$437,279

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