704 Nipp St Johnson City, KS 67855

Property Details for 704 Nipp St

Property type

Retail properties

Property subtype

Retail space

Description

This thriving hardware and lumber store in Johnson City, Kansas, presents a unique investment opportunity. Located at 704 S Nipp St, 67855, this well-established business has served the Stanton County community and surrounding areas since 2003. Boasting a strong reputation and a loyal customer base extending into Colorado, this one-stop shop enjoys a significant competitive advantage with the nearest competitor over 20 miles away. The asking price is $1,100,000, which includes the real estate valued at $700,000, fixtures, furniture, and equipment valued at $180,000, and inventory valued at $1,097,500. The business generates a gross revenue of $1,350,000 annually, with a healthy cash flow of $188,000. The sale includes training for a smooth transition, and the business currently employs five full-time and one part-time employee. This turnkey operation offers a rare chance to acquire a profitable, established business with significant growth potential in a stable market. The property is a single-tenant storefront, providing a solid foundation for continued success. This is an exceptional opportunity for an experienced entrepreneur seeking a well-established and profitable business in a desirable location.

Location Insight

City

Johnson City

County

Stanton

State

Kansas

Longitude

-101.753

Latitude

37.5636