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Merrimack County

  • Listing Number: 224-20886

  • Category: Franchise/Licensing, Miscellaneous, Retail

Asking Price $199,000
Down Payment
Gross Revenue $341,463
Total Adjusted Net Income ($37,039)
Equipment / Fixtures $50,000
Year Established 2019
General Location Merrimack County
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This opportunity will NOT last. This is a very low cost of entry into the retail space with very little franchise fees (241.15/mo.) and no royalties. This is a Co-Op franchise which gives you all the freedom and flexibility to run your business the way you want. This almost 3200 square foot well known national hardware store was fully renovated in 2019 and comes with OVER 150K in inventory, an almost new 2020 Chevy Truck, a paint machine and glass cutter. Start making money on day one. Current owner has over staffed with part time employees and only works a handful of hours. Perfect opportunity for an owner operator situation. Also, possible stock options in the overall company. This co-op franchise has a veterans program that offers huge incentives. The asking price is based off a very affordable lease, but the seller would consider selling the building that also has a couple apartments upstairs and joining lot that was recently purchased for a possible garden center.

Gross Revenue $341,463 Listed Price $199,000
Total Income ($37,039) Down Payment
Base Rent $2,500 Square Feet 3183
Total Rent $2,500 Lease Expiration
Rent Deposit Lease Options New Lease
Inventory $154,000 Leasehold Improvements $0
Equipment / Fixtures $50,000 Other Assets List Attached
Full-Time Employees Training Period 2 Weeks
Part-Time Employees 6 Special License Required
Contract Staff Reason for Selling Multiple Businesses

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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