Listing Details:

• Business Category:     Hardware Store
• Price:                             $400,000
• Gross Revenue:           $412,837
• SDE:                              $47,404
  
• Location:                      North Central, Iowa 
• Employees:                  5                
• FF&E:                            $86,250 
• Inventory:                     $270,190
• Reason for Sale:          Owner/Operator needed to maximize profit                                              potential       
  
• Non-Compete:             50 miles for 10 years
• Support &Training:     12 weeks
• Years Owned:               2+

Business Description

This long-established, turn-key hardware store is the go-to destination in a charming small-town community, with minimal direct competition. It's trusted not only by locals but also by customers from neighboring towns. The current owners have implemented numerous improvements to enhance customer service and position the business for future growth. As a recognizable franchise brand, the store benefits from strong buying power and competitive pricing—making it an attractive opportunity for a new owner.

Ideal Buyer: This opportunity is well suited for a strategic buyer with experience running a small hardware store, looking to expand their reach. Or it’s a great fit for an owner-operator who wants to be an active part of a  close-knit community while unlocking the full potential of a turn-key business.

Growth Potential

There are multiple opportunities for continued growth. The current owners have already laid a strong foundation by completing a full remodel and reworking the store layout for a better customer experience. They also adjusted the inventory to better align with the needs of the local demographic and introduced social media advertising to expand the store’s reach and visibility in the community. 

Number of Employees 

Managers: 0
Full Time: 2
Part Time: 3
Total: 5

Owner Weekly Hours

Products Offered

They offer a wide range of products for hardware and home improvement.

Revenue Trends

April through June are typically the highest revenue months with additional sales for yard care and landscaping supplies. January and February are the slower months.

Customer Reviews

Positive Google Reviews