Location: Northern Arizona (Yavapai County)
Listing ID: 6039
This independently owned and operated specialty hardware store sells professional grade tools and supplies to a variety of business-to-business customers including various types of construction contractors, manufacturers, school districts and municipalities, among others.
The Company also offers power tool repair services and is a Factory Authorized Repair Center for over 20 major brands, a distinct competitive advantage. This repair expertise frequently leads to referrals from competitors and previous customers, and new repair customers often become on-going purchasers of the Company’s tools and supplies.
Operating in the same location for 17 years, this Company has become the go-to source for tools, supplies, and repairs for professional power tool users in its market area. With a large base of satisfied and loyal customers, and a high percentage of repeat business, this business has a solid foundation for future growth.
An experienced and long-tenured staff runs the day-to-day operations and provides customers with knowledgeable advice not available in a typical general or big box hardware store.
The business operates in a desirable and growing community. Demographic trends for the area are strong and provide an opportunity for continued growth of the business.
The Company’s historical growth has been accomplished with no advertising and without a business website. Future growth opportunities include stocking additional specialty product categories, offering equipment rentals, creating a website enabling online purchasing, and adding an outside salesperson.
Total Sales: $1,175,966
Cash Flow: $155,085