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Prime Location Fastener Nut & Bolt Business for sale in South Mississippi, Mississippi
Prime Location Fastener Nut & Bolt Business
South Mississippi |
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Prime Location with Existing Fastener Nut and Bolt Business. Alternate uses of land for Hotel, Retail, Convenience Store possible. 1.22 Acres with two existing buildings and $1,000,0000 of inventory in place. |
Listing Number: 1199
Michelle Seiler - Listing Broker
2223 1/2 Magazine Street, New Orleans, LA 70130
Telephone - (504) 525-1717
E-mail -
biz4sale@capitalbbw.com
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
Miscellaneous Retail |
| Asking Price |
$2,000,000 |
| Gross Sales |
$500,000 |
| Cash Flow |
$150,000 |
| FFE |
$30,000 |
| Inventory |
$1,000,000 (Inventory NOT Included) |
| Real Estate |
$2,000,000 (Real Estate IS Included) |
| Employees |
1 - Full-Time
0 - Part-Time |
| Facilities |
1.22 acres made up of three parcels. Extended road frontage on busy road with extended property to side road. Two buildings. Building 1 is 9600 sq ft, Building 2 is 2200 sq ft. Main building set up with Bolt bins, shelving and warehouse space for existing inventory. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Very little competition in this niche market. Large need due to Shipping, Ship Building, Rail and Space programs. Also large need for local government and local building and industry. |
| Growth Notes |
Area experiencing growth due to growth of local industry and federal dollars being invested in area. Currently no outside sales activities |
| Support Training |
As much as needed by new owner |
| Year Established |
1970 |
| Financing Terms |
At least 60% at 0% interest |
| Reason for Selling |
retirement |
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