$800,000

Albrights Hardware & Garden Center

2119 Walbert Ave
Allentown, PA 18104
United States  

Albrights Hardware, an established hardware store with strong neighborhood ties and has been a Lehigh Valley staple for over 50 years. The current owners have owned the store since 1992. During their tenure, the store has increased its already very loyal customer base while providing quality products and exceptional customer service. The store has a combination of both full and part-time employees numbering close to 20.

Albrights has garnered relationships with many vendors both local and non-local which allows for a variety and wide range of high-quality products in all hardware categories. A small engine shop is also on the property which allows the servicing of most items we sell.

With its consistent record of business growth and ever-increasing profit margins, the person or persons who purchase their store will have all the tools necessary to take Albrights to the next level. The current owners are looking to retire but are willing to negotiate and help with a smooth transition.

If you are interested in owning a profitable and reputable hardware store, don’t miss this great opportunity!

Business Details

• Primary Wholesaler(s): Emery Jensen
• Year Established: 1965
• Cash Flow: $102,981
• Gross Revenue: $1,900,000
• EBITDA: $
• Inventory: $647,464
• Rent: $5,000
• Number of Employees: 17
• Building Size: 7,525 sq-ft
• Selling Floor Size: 6,586 sq-ft
• Real Estate Included? Negotiable

 

Photos