Business For Sale
Hardware Store for Sale
3400 W Olympic Blvd, Ste 201, Los Angeles, CA 90019
Hardware Store
Westwood Blvd, West LA
Established 2020
Asking Price
$190,000
Negotiable + inventory
Annual Revenue
$402,000 / yr
Year Established
2020
Employees
1 Full-Time
Location
Westwood Blvd, West LA
Lease Commenced
Oct 9, 2020
Product Categories
Key DuplicationToolsGardeningPlumbing & AccessoriesElectricalLight BulbsShower DoorsCloset DoorsScreens – FabricationFaucetsToiletsHome HardwarePainting AccessoriesCleaning SuppliesFusesPesticidesLandscaping ToolsKitchen & Bath HardwareBatteriesRopesSpray PaintsLocks
Lease & Deal Terms
- New lease to be negotiated
- Lease commenced October 9, 2020
- Base rent at commencement: $3,082.56 / mo
- Year 6 monthly base rent: $4,840.89 + CAM
- Three (3) 3-year options to extend
- Buyer reimburses Seller's security deposit through escrow
- FF&E sold in as-is condition
- 4 weeks of support & training included
- Co-brokering welcome
Escrow
- Tower Escrow — 3400 W Olympic Blvd, Ste 201, Los Angeles, CA 90019
- Escrow balances Seller's past-due bills, loans, debts, CDTFA, EDD, FTB, property tax, and utilities through Seller's proceeds
- Escrow fees and closing costs split 50/50 between Buyer and Seller
Buyer Requirements
- 3 recent bank statements showing liquidity
- One-page credit report
- Resume of related business experience
- Documents delivered to Roschard Paticchio-Stein
Selling a non-restaurant business?
We broker hardware, retail, and select small businesses across LA.