ACE Hardware & Mercantile Well Established
Location: Oregon > Douglas County > Myrtle Creek
Industry: Home and Garden > Hardware and DIY Retailing
Financials
Asking Price: $1,600,000
Gross Revenue: $586,000
Cash Flow: $58,000
Inventory: $300,000 (Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Real Estate: $1,200,000 (Included in Asking Price)
Seller Financing: Seller will work with a well qualified buyer
Business Summary
Summary Description
Well established name brand Hardware and Mercantile business with real estate in Southern Oregon. Featuring hardware and general merchandise, the store has been in operation since 1951. Started as a "Western Auto Store" and converted to an ACE Hardware in 1982. Store is a retail anchor for down town area serving the local and surrounding areas. The building is well built, in good condition and has had many upgrades. Facilities: The main store building is 11,000 square feet with additional small mezzanine and a 2500 square foot basement. The location fronts first street for a full city block and down two side streets. The back of the store is wide open for unloading of semi trucks with merchandise. Also behind the store is the local post office where everyone comes to pick up there mail. There's ample parking, with a 22 X 36 foot Green House built in 2004. On another piece of property within 500 feet is a warehouse that is 3200 square feet plus a 1600 square foot mezzanine for a total of 4800 square feet of storage built in 1995.
Town: This business is located in a town right on I-5 in Southern Oregon, half way between Medford and Eugene. You are two hours from the Ocean, two hours from Skiing, three and one half hours from Bend and the great Central Oregon resorts. You are also only one and half hours from Crater Lake National Park. Right in your back yard is great hunting and the great steelhead and salmon fishing in the Umpqua rivers. This is one of the nicest moderate climates in the United States, with four definite seasons.
Competition: There's is very little competition in the immediate area. The store anchors downtown business sector. It is a major retailer of hardware, paint, home furnishings and appliances, sporting goods, electrical and plumbing supplies, lawn and garden products, housewares, toys, small appliances and much more.
General Information
Employees: 7
Well established name brand Hardware and Mercantile business with real estate in Southern Oregon. Featuring hardware and general merchandise, the store has been in operation since 1951. Started as a "Western Auto Store" and converted to an ACE Hardware in 1982. Store is a retail anchor for down town area serving the local and surrounding areas. The building is well built, in good condition and has had many upgrades. Facilities: The main store building is 11,000 square feet with additional small mezzanine and a 2500 square foot basement. The location fronts first street for a full city block and down two side streets. The back of the store is wide open for unloading of semi trucks with merchandise. Also behind the store is the local post office where everyone comes to pick up there mail. There's ample parking, with a 22 X 36 foot Green House built in 2004. On another piece of property within 500 feet is a warehouse that is 3200 square feet plus a 1600 square foot mezzanine for a total of 4800 square feet of storage built in 1995.
Town: This business is located in a town right on I-5 in Southern Oregon, half way between Medford and Eugene. You are two hours from the Ocean, two hours from Skiing, three and one half hours from Bend and the great Central Oregon resorts. You are also only one and half hours from Crater Lake National Park. Right in your back yard is great hunting and the great steelhead and salmon fishing in the Umpqua rivers. This is one of the nicest moderate climates in the United States, with four definite seasons.
Competition: There's is very little competition in the immediate area. The store anchors downtown business sector. It is a major retailer of hardware, paint, home furnishings and appliances, sporting goods, electrical and plumbing supplies, lawn and garden products, housewares, toys, small appliances and much more.
General Information
Employees: 7
About the Business
Year Established: 1951
Employees: 7 full time - 1 part time
About the Sale
Reason For Selling: Retiring
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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