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Agriculture · Retail

Newly Established Ace Hardware Franchise in Antioch, TN

Nashville, TN

Asking price
$999,000
Cash flow
$189,000
Revenue
$1,000,000
Multiple
5.3×

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About this business

This is a chance to take over a recently launched Ace Hardware franchise situated in Antioch, Tennessee, part of the Nashville metropolitan area. Established in 2023, the business operates from a spacious 22,778 sq. ft. retail space, catering to local residents, contractors, and customers in need of hardware, tools, and home improvement supplies. The franchise benefits from the well-known Ace Hardware brand, a prime retail location, and significant investments in store enhancements and inventory, totaling around $708,030 at average cost. The current performance has not met initial financial expectations due to limited management oversight and insufficient marketing efforts, creating an opportunity for a proactive operator to enhance performance through better management, local marketing strategies, and community engagement. The lease runs until July 14, 2028, with options to renew for an additional five years. There is room for growth by increasing owner involvement and implementing a consistent marketing strategy.

Details

Furniture, fixtures & equipment$350,000
Real estateLeased
Established2023
Employees9
Reason for saleOther Business Ventures
LocationNashville, Tennessee

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