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Well Established Hardware Store


Northern Michigan

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Business Summary

Established in 1941 and widely known for its friendly and knowledgeable customer service, Hoaglund Hardware has been a community mainstay for over three generations. Hoaglund Hardware boasts a wide assortment and sizable inventory geared towards meeting the needs of every customer. They are also one of the largest sellers of Interstate Batteries in Michigan.

Serving the hardware needs of a broad rural community, Hoaglund Hardware is conveniently located just East of U.S. 131, in the center of beautiful downtown location. With plenty of street parking, Hoaglund Hardware is one of only 2 hardware stores serving a significant geographical area situated between Cadillac and Reed City, Michigan.

This is a rare opportunity with a long successful history for the right person to take over and operate a true customer service-focused hardware store.

Year Established:               1941

Average Revenue:              $414,000+

Employees:                          1 full-time, 2 part-time employees

Investment Highlights:

  • Loyal customer base
  • Successful long-term operation
  • Great Rural Location
  • Great Community Involvement and Community Support

Growth Opportunities:

  • Grow online service presence
  • Expand product lines to include a garden center and other new products.
  • Do more local promotions

Support & Training:             The owner is willing to assist the new buyer

Reason for Selling:               To focus the family on other business opportunities.

Sale Price:                                    $150,000 plus inventory

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