In 1983, this True Value hardware store opened for business just 12 miles outside of Knoxville, Tennessee. For the last three decades, the business has provided customers with all of their home and gardening needs. The business offers services from chain saw sharpening to paint mixing, and sells a majority of plumbing and electrical supplies. The business has a name that is well-known and respected in the market area, and business arena, and boasts a large roster of loyal and longstanding clientele.
The modern facility that houses this business is an 8,000 square foot suite in a mid-sized shopping center complex. There is ample parking in the lot for the shopping center, directly in front of the business, and on both sides. The building is currently on a renewable lease for $1500/month.
The business has a PRIME location, seated on the main highway that runs through the city. In addition, this True Value offers expert chain saw sharpening to clients, which is a service other local hardware stores cannot offer.
The business could easily increase top and bottom line profit by extending store hours and open for business more than 5 days a week. As a True Value store, there are several options for business owners that could increase profit such as offering Equipment Rental Programs, Glass Work and Glass Cutting, and Selling Supplies to local schools and businesses.
Currently, the business has 2 employees in addition to the business owner. The business owner agrees to remain as a part-time consultant for a new owner after the sale.
Excellent Branding, 30 Years in Business, and Consistent Profitability make this business a tremendous investment for any interested acquirer!
Asking Price $475,000
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