Young True Value Hardware, Staunton, Virginia

Business
  • Listing# : 14506
  • Listed Price : $995,000
  • Total Sales : $661,820
  • SIC : 5251
  • Down Payment : $995,000
  • Status : Active
  • Discretionary Earnings : $39,416

Business Type :

Hardware Ret Related / Hardware Retail

Business Description :

The building is on over one acre of land on one of the newest developed streets in Staunton, VA off of Churchville Avenue.  It actually fronts on three different streets and is one-half of a city block.  This store will be sold and liquidated effect July 1, 2019, so if you have interest, you can't put it off until tomorrow.

The hardware store comes with not only a big showroom but ample space in and around the land that is owned by them to add a variety of other opportunities. Other than the existing hardware store, the facility is amply suited for other such drawing attractions as Christmas tree sales, farm related products, produce stands, flower, shrub and tree sales, farmers market and perhaps a line of small implements such as zero turn mowers, lawn mowers, weed eaters and the like. This location makes them a premier spot for convenience hardware as they have no competition within a 5 mile radius of the center of town and no competitors from the center of town and roughly 10 miles going west.

Existing ownership has grown weary in recent years and is more than ready to retire which also explains the drop in sales in recent years. New blood, new ideas and some energy would clearly bring this business back to life as it seemed to flourish in years gone by.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $795,000
    • Incl : Yes
    • Inventory $150,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $50,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $995,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Hardware Ret Related
No similar items available currently.