Buy a TRU VALUE HARDWARE STORE in New Jersey, United States business opportunity for USD $400,000.00. Buy a business

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TRU VALUE HARDWARE STORE Business For Sale
USD $400,000.00
Listing ID: 334 | Our Ref: Unspecified | Agent: 61
Business & Financial Summary
Description:
THIS FULL-LINE TRU-VALUE HARDWARE RETAIL ESTABLISHMENT HAS BEEN SERVICING THE SURROUNDING TOWNS IN BERGEN COUNTY FOR 30 YEARS. THEY HAVE THE TRU-VALUE PURCHASING AGREEMENT WHICH GIVES THEM COMPETITIVE PURCHASING POWER. THE MANAGER WILL ALSO PERFORM CUSTOM CARPENTRY WORK AS REQUIRED BY CUSTOMERS. THE MANAGER AND 2 EMPLOYEES RUN THE STORE FOR AN ABSENTEE OWNER (who is anxious to retire) AND WOULD STAY IN THE EVENT OF A SALE IF REQUIRED BY THE NEW OWNER.THIS BUSINESS SALE INCLUDES INVENTORY OF $175,000.

FOR iNFORMATION ON THIS LISTING FILL IN AND RETURN THE NDA ON OUR HOME PAGE: www.lisitenassociates.com FILL IN AND FAX IT TO : 212 661-4160 OR EMAIL: mel@lisitenassociates.com

IN BUSINESS OVER 30 YEARS AND IS THE IMPORTANT HARDWARE STORE IN THE AREA.

THIS CAN BE OWNED BY AN ABSENTEE OWNER AS IS DONE CURRENTLY. 
Asking Price:
USD $400,000.00 
Our Ref:
Unspecified
Terms of Sale:
Share Capital 
Revenue (Income):
USD $500,000.00 
Net Profit (Cash Flow):
USD $125,000.00  
Time Established:
1980 
No. of Employees:
Full Time: 3, Managers: 1 
Expansion Potential:
OPPORTUNITY FOR GROWTH BY ADVERTISING AND ON-LINE SALES 
Competition/Market:
NO DIRECT LOCAL COMPETITION 
Trading Hours:
9-6 M-SAT 
Reason for Sale:
RETIREMENT 
Support & Training:
SELLER WILL COMPLETELY TRAIN. SIMPLE RETAIL EXPERIENCE ONLY REQUIRED 
Owner Financing:
Yes 
Finance Available:
Owner will finance $200K 
Business Assets
Value of Fixtures/Fittings:
USD $30,000.00 
Value of Stock/Inventory:
USD $175,000.00 
Real Estate Info
Property Type:
Leasehold 
Lease Terms:
7/1/2020 
Leasehold Rent:
Lease Security $6,800, Monthly Rent $3,400 
Premises Details:
THIS MAIN STREET LOCATION IS PERFECT FOR THIS 3800 SQUARE FOOT RETAIL STORE WITH EXTRA STORAGE AND FACILITIES FOR CUSTOM CARPENTRY WORK. 
Size (Sq meters or feet):
3800 sq ft 
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