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For a co-op expect to only make 3% or so profits after all expenses are paid. The article is wrong in stating typical store sizes. It is not 20-30k sq ft. Try right around 10-12k for your "typical" store in the USA. For international start ups, look at the brands in your area. Also many US brands have international arms/distribution centers. Any questions or comments for me, my email is OWBlackhawkHardware@gmail.com
OWBlackhawkHardware@gmail.com || Hardware Store Expert
@Sohrab: What brands/companies are in your area? In the USA we have many to choose from (Ace Hardware, Tru Value, Do It Best, etc) See what is popular and contact them.
@Chris Enkov: See what I wrote above. Ace and Tru Value are the biggest, but there are other companies, both national and regional, that would love to help you. See what brands seem popular in your area and google their corporate contact info or main website. From there contact them and discuss your plans and ask questions. Even if they seem silly to you they could end up saving you big time down the road. Also consider joining the NHRA ( www.nhra.org ), they can be a huge help as well.
@Anand: A list from one store doesn't mean it will work in another. Every store is unique. See what the demand is in your area and then go from there. NEVER have just one item of anything though. You should always carry at least 2 of anything on your shelves.
OWBlackhawkHardware@gmail.com || Hardware Store Expert