7308 North Loop Drive

El Paso, TX 79915

Listing ID: 146946
$495,000
For Sale
  • Lot Size Acres 0.380
  • Building Sq Ft 5,490
  • Land Sq Ft 16,552
  • Land Price per Sq Ft $29.90
7308 North Loop Drive - main image
7308 North Loop Drive - alt image 2
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Description
This Beautiful Hardware Store is an ideal turn-key business has been in business for over 30 years and makes a solid income with over 5000 customers in the neighborhood. The owners spent over $150,000 to upgrade to a franchise type Hardware Store, with all new shelving, equipment, floors, building expansion and redesign and all new inventory. The Business Only is For Sale for $495,000. It includes over $350,000 in Wholesale Inventory that the business owners will release at a major discount to equate $300,000. There are $68,016 in assets in the business. The Net income profit it produces per year is over $66,000 per year with 3 employees. The net income per year after all expenses multiplied by 3.3 years equals $217,984. So if you add $300,000 Inventory + $68,016 in Assets + $217,984 in net income over 3.3 years the total price for the business is $586,000. New Price of $495K. The company has finished their website and generates daily leads on the internet. Please check it out at www.SunCityHardwareStore.com
Primary Features
County El Paso
Off Market Date
Property Type Commercial
Sold Date
Sold Price
Subdivision Stiles Gardens
Zoning C3
Financial Details
Approximate Yearly Taxes
Exemptions None
Lease InfoAssumable/Assignable, New Lease to Buyer, Other Charges
Lease Terms Other
Leaseable Area Y/N yes
Number Of Tenants 0
Packages IncludesBalance Sheets, Building Lease, List of Equipment, Photos of Assets, Profit/Loss Statement, Tax Records, Traffic Count
Sale IncludesAssets, Equipment, Fixtures, Franchise, Furnishings, Inventory, Lease, License/Permits, Name, No Competition Clause, See Remarks
Tax Year
Tenant PaysAll Utilities, Electricity, Exterior Maintenance, Gas, Glass, Grounds Care, Heat, Liability, Sanitation, Security, See Remarks, Sewer, Water
Additional
Best Use Retail, See Remarks
Empowerment Zone No
Improved Yes
Measured By Appraiser CAD
Property Building, Other Improvements
Source Dimensions Owner Provided
Verification Other
External Features
Construction Adobe, Concrete, Glass, See Remarks
Dock
Finance ConsideredCash, Contract, Conventional, Deed of Trust, Lease Option, Lease Purchase, Owner May Carry, RE Contract, Seller Assisted
Handicap Access Yes
Lot No
Lot SqFt 16755
Miscellaneous ExteriorDumpster Lease/Rented, Fenced, Security Lighting, See Remarks, Sign Incl w/Sale, Sign Owned, Storage
Number Of Parking Spaces
Parking
Property Access See Remarks
UtilitiesAll City, All Utilities, Cable TV - Available, Phone Available
Interior Features
Cooling 2+ Units, Refrigerated
Finished Space yes
Heating 2+ Units, Forced Air, Natural Gas
Refrigerated Yes
Location Information
Flood Zone No
Location Freestanding
Location & Directions
Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile Radius 3-Mile Radius 5-Mile Radius
Total Population11,74894,082208,496
Population Median Age414039
Population by Age0-9 Yrs12571142725332
10-19 Yrs17071282729955
20-29 Yrs15871389733123
30-39 Yrs12561015823181
40-49 Yrs11831127923866
50-59 Yrs14851233726198
60-69 Yrs1491886320853
70+ Yrs17811329325989
Median HH Income$34,626$36,930$38,126
Total Household Income< 24K14361097423796
25-49K13471056521027
50-74K562586512227
75-99K29327516295
100-199K23628306850
200K+84441011
Highest Education LevelNo Diploma26901675033454
Diploma or GED21271696436522
Some College17751401431608
Assoc. Degree42041759572
Bachelors Degree691694116481
Higher Degree25133537376
Total Housing Units4,42136,78177,857
--Owner-Occupied2,32118,61240,516
--Renter-Occupied1,56014,81830,691
Owner-Occupied Values< 100K1696942517501
100-199K565737019615
200-299K4214912421
300-399K8168581
400-499K01145
500K+11147353
Total Working Age Population9,54274,988165,646
In Work Force5,15843,46197,378
Not In Work Force4,38331,52768,268
Workforce Employed4,79439,30085,748
Workforce Unemployed2983,1386,919
Civlian Workforce5,09242,43892,667
Military Workforce661,0234,711
Total Households3,88133,43071,207
Family Households2,99322,80949,473
Non-Family Households88810,62121,734
Married Couple1,64113,64030,175
Other Family1,3539,17019,298
Married w/Child3894,87111,176
Single Male w/Child584491,410
Single Female w/Child3903,0887,123

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
El Paso County679,622+18800,647+9876,120+7936,697

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Agent
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