The Buenaventura hardware store has been operating for 6.5 years, it has produced earnings 20 times the original capital, amount that in turn has been reinvested.
Ferretería Buenaventura de Flamingo S.A. possesses: 1.- Land area of 45,000 square feet, in a corner, with 420 feet of fronts to main streets, free of mortgages, obligations and annotations, with titles and taxes in order. 2.- The building of the hardware store of two plants has a total area of 17,000 square feet. 3.- A house of 1,000 square feet. 4.- The Merchandise in stock is $250,000.oo enough to supply the demand of the market, half is paid, the other half is commercial credit within normal terms, which is the only passive of the company. 5.- The operative part has as strategic key a computer system, a rare thing in the area, Its value is not so much in the network of 11 computers, neither in the programs they run, but in the information accumulated during the years of introducing, purifying and eliminating data, in order to obtain the registration of 8,000 products with the best qualities for this market, and also dozens of registered suppliers and clients. 6.- The machinery included are a mini loader and a fork lift, both with less than 1,000 hours of work, and a 5,000 lbs dumping truck of the year 2000. 7.- The property has its own source of water, automatic lawn watering and water system against fires. 8.- Intangible but valuable is the fame of the hardware store with clients from afar repeating that: "Here can be found everything". Nor less is our constant development of excellence in service. 9.- Earnings after taxes are in the $250,000.oo range. Very valuable are also the strategic alliances and exclusivities with the main wholesalers and importers that assure us our present and future positioning as the number one of the area. The Hardware store has a construction project for continuous growth developed by a renowned French architect according to European and American standards. This includes warehouses, self-service areas and wood shop. As for the future of the business, it is excellent and with valuable perspectives for the development of the area, for the tourist interest that presents and for the prospective new marine whose road will run by the side of the property.
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