Summary
Situated in a high-profile position at 142 Godfrey St & 13 Railway Cres, this impressive operation includes: Over 500m2 modern retail showroom Extensive 3,000m2 timber yard Strong local presence
Location Details
Situated 1 hour north-west of Bendigo, Boort is a charming, family-friendly rural community, experiencing strong growth, with a quiet lifestyle and affordability. Hardware store services local community and surrounding towns.
Potential
Opportunity to further expand customer base via online marketing / social media outlets. Potential to also broaden range of product mix on offer . eg nursery
Skills
Experience in retail or building trade services would be advantageous. Otherwise strong business acumen is desired.
Hours
Monday - Friday - 8am - 5.30pm
Saturday 8am - 12pm
Lease
N/A
Employees
Currently run by one owner and two staff - an ideal opportunity for a couple or owner operator seeking a solid regional lifestyle business.
Reason for Sale
Current owner is retiring after three decades of successful operation and is looking to pass on years of good will to the next owner who can continue with providing this essential retail service to the community.
About the Business
This is a strong, proven business
- Consistent $1M+ annual turnover with strong profits
- Diversified income streams from a proven product mix
- Member of the powerful Home Hardware buying group
- Latest point of sale and security systems
- Trading five and a half days per week
- Successfully operated for 30 years
* Business - $150,000 + Stock + vehicle
The commercial freehold and additional assets are also available:
Asking price breakdown
Stock - $300,000
Goodwill - $150,000 (includes office furniture etc)
Commercial Building - $400,000
Timber Yard - $100,000
Total - $950,000
Additional Assets:
- Mazda Bravo - Market value
- Forklift - $10,000
- New lease available OR Freehold for purchase
- Vendor terms considered for approved purchaser
This is a stunning opportunity to secure a blue-chip regional hardware business with consistent performance, strong community support, and excellent infrastructure already in place.
History
Established over 40 years ago, this hardware store is an essential service to the community. The owner has expanded the business over this time developing exceptional goodwill and a reputation that is highly regarded within the town.
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