Catylist ID: #30801368
Concord Multi-Family Mixed Use Business & Vacant Land
Business Opportunity for Sale
|Catylist Listing ID:||30801368|
|Property Subtypes:||Home and Garden|
|Building Size (RSF):||3,914 SF|
|Name of Establishment:||Ace Hardware|
|Business Website Address:||https://www.acehardware.com/store-details/17430?utm_source=googl|
|Franchise Parent Name:||Ace Hardware|
|Year Business Established:||1992|
|Gross Revenue:||$355,000 (Annual)|
|Cash Flow:||$75,000 (Annual)|
|Cash Flow Type:||Sellers Discretionary Earnings|
Overview / Comments
Mixed Use Building consisting of Nationally Recognized Ace Hardware, (2) Bedroom & Studio Apt. along with Vacant Lot available immediately. Located in growing Penacook Village in Concord NH this is a great multi revenue investment opportunity.
323-325 Village Rd. Concord
1st Floor 2,554 Sq. Ft. Hardware Store business includes $155,000 Inventory in offering price.
2nd Floor (2) Tenanted Apts. 1 (2) Bedroom Apt. Current Lease $1,350 Mo. 1 Studio Apt. $850 Mo.
2020 Chevy Colorado Truck with only 11,000 Miles Included with Plow!
Separately Deeded Vacant Lot 331 Village Rd. Approx. .10 Acres Next Door also included in the Sale
Option to Continue the Ace Hardware Business or to bring your own Concept.
|Industry Segment:||Hardware and DIY Retailing|
|Reason for Selling:||Owners Focusing on other Businesses|
|Value of Inventory Included ($):||$155,000|
|Value of Furniture, Fixtures, and Equipment ($):||$40,000|
|Real Estate Status:||Real Property|
|Value of Real Estate Included ($):||$450,000|
|Real Estate Lease Description:||Commercial (2) Story Mixed Use Building on.10 Acres Taxes 2021 $6,788 Vacant Lot .10 Retail Land Use Taxes 2021 $1,597|
|Employee/Labor Description:||Owner Operated with 5 Part Time Employees|
|Mgmt/Training Support Description:||Owners will assist in transition for (2) week period.|
|Competition/Market Description:||Location saves Local customers time & convenience by shopping neighborhood hardware store vs. Big Box Downtown Locations|
|Growth/Expansion Opportunities:||Expand Possible Garden/Greenhouse Area on Vacant Land|
|Proximity:||1 mile||3 miles||5 miles|
Jay DelMonteRE/MAX Innovative Properties
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