Thriving retail hardware & lumber store, Gervais ACE Hardware, is offered for sale inclusive of real estate, business & goodwill, inventory (valued at approx. $803K), equipment, etc. This is an opportunity to own/operate a profitable ACE franchise with customer loyalty, a team of experienced and motivated employees, and no competition within 20+ miles. Consisting of a storefront of over 10,000 square feet of retail space, a 10,000 square foot, two-story lumber warehouse, a 3-bed, 3-bath home/rental, and four, income-producing, residential rental units on-site. Gervais ACE Hardware sells products ranging from hardware, plumbing, electrical, tools, sporting goods, automotive/marine supplies, and more. This business also offers a variety of services to customers such as local delivery of lumber/building materials, key-cutting, and paint matching. Features include metal frame construction, cantilever racking in outbuildings/warehouse, second-floor office space, loading area with overhead door, 27,000 BTU AC system, and 16kW emergency backup generator. Recent updates include a new TPO roofing system installed in 2020 (20 yr warranty) and interior renovations to attached apartment units/single-family home. This property overlooks the lake, has abundant parking, and has been a staple to the community and neighboring towns of Essex county for over 25 years. Additional property features and business financials available upon request to qualified buyers with a signed NDA.
Brighton is located in Vermont. Brighton, Vermont has a population of 1,119. Brighton is less family-centric than the surrounding county with 14.43% of the households containing married families with children. The county average for households married with children is 20.04%.
The median household income in Brighton, Vermont is $42,431. The median household income for the surrounding county is $48,194 compared to the national median of $69,021. The median age of people living in Brighton is 53 years.
The average high temperature in July is 77.5 degrees, with an average low temperature in January of 0.5 degrees. The average rainfall is approximately 43.2 inches per year, with 99.3 inches of snow per year.
