Listing ID: AB10302014

Location: Breton, Alberta

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Hardware Store Franchise

 

Business Overview

This award winning franchise is a service staple in a small community, located just an hour southwest of Edmonton.

The business consists of three separate franchises. An auto parts shop, a hardware store and a brand name power tools franchise. The hardware store stocks a wide range of inventory including quality hand tools and supplies, home improvement products, automotive needs, giftware and toys. This is the only hardware store in the area and highly regarded by their dedicated clients.

The small power tool outlet stocks chain saws, safety equipment and variety of lawn and riding mowers, as well snow blowers.

Owning and operating this very diversified business would be both challenging and rewarding for a new owner.

The purchase price is in addition to the Inventory.
Land, buildings and specific equipment may be purchased under separate cover.

 

Why This Business

  • Well diversified, with employees who are well trained.
  • Strong earning and growth potential.
  • Limited local competition.
  • Successful business partnerships.
  • Location and prominence in the community.
  • 3 Franchises in one offering, that complement each other.
  • Loyal and dedicated clientele.
  • Dedicated staff wiling to stay on with a new owner.

Are the current owners the founders? Yes – this location  How long? Since 1995
Is this a Franchise Business? Yes
Owner Support/Training: Available through the vendors and the Franchise.
Reason for Sale: Owner would like to retire.

Business Premises and Location

Does the Vendor own the premises? Yes
Is the premises part of this sale? No, however they may be purchased under separate cover.
What is the cost of the lease? Available upon request.

Documents Available For Review (Subject to Offer)

Business Sales Memorandum, Financial Statements, Equipment List.

Operational Summary

Snapshot

Annual Revenue: $ 1,509,229 (2016)

Discretionary Earnings: $ 106,894 (2016)

Assets: $ 52,853

Information

  • Year Established – 1995

  • # of Employees – 6 F/T 2 P/T

  • Asking Price – $ 420,000.00

  • Seller Financing – Negotiable

  • Inventory -$748,610 (2016)

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