Listing ID: MAH 17102017

Location: Manning, Alberta

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Hardware Store

 

Business Overview

Looking for a great investment in a small community – This Canadian hardware retailer has what you are looking for. Own your own business, by being part of a greater organization; receive the support and guidance from a well-structured group of professionals. Affiliated with a national network, this retailer has developed an easy ordering and routine delivery service system. Inventory is competitively priced and includes a variety of brand name and exclusive house brand items.

This hardware store is located on Highway 35, just 73 km north of Peace River. The retail space is approximately 10,704 sq. ft., with additional unheated storage nearby. The building is available for sale by the owners.

Why This Business

  • No Royalty fees, no shares to purchase
  • Profitable, Turnkey operation with brand name partnerships
  • Insurance and benefits offered
  • Training Program available
  • Electronic Ordering System
  • National Advertising program established
  • Development in the area includes agriculture, forestry and gas related industries
  • Inventory is in addition to asking price

Are the current owners the founders? Yes. Original owners at this location.
Is this a Franchise Business? No, it is a dealership
Owner Support/Training: Offered by the vendors and Parent Company
Reason for Sale: Owner 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: $ 1,066,278 (2018)

Discretionary Earnings: $ 183,677 (2018)

Assets: $ 12,500

Information

  • Year Established – 1995

  • # of Employees – 2 F/T, 2 P/T

  • Asking Price – $ 199,000 plus inventory

  • Seller Financing – Not applicable

  • Inventory $ 412,279

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