Summary
Exceptional Business Opportunity in Northern Victoria Located in the heart of Nathalia, Victoria, Limo’s Mitre 10 Hardware & Rural is a highly successful, family-owned business that has been serving
Location Details
1-7 Blake St
About the Business
Exceptional Business Opportunity in Northern Victoria
Located in the heart of Nathalia, Victoria, Limo’s Mitre 10 Hardware & Rural is a highly successful, family-owned business that has been serving the local community for over 15 years. Situated within a picturesque country town, Nathalia offers a welcoming environment with essential amenities such as medical centres, schools, emergency services, and a variety of local businesses. The store is strategically positioned near major regional hubs, including Shepparton, Echuca and Cobram.
Limo’s Mitre 10 & Rural is renowned for its exceptional customer service and was recently crowned the winner of the 2024 IHG VIC/TAS MITRE 10 Medium Format Store of the Year. The business possesses knowledgeable staff, and a deep understanding of both hardware and rural supply needs. The business offers a comprehensive range of products, from typical hardware items to a robust selection of rural supplies, all tailored to meet the needs of the local community.
The store is highly profitable, with a weekly turnover of $85,000+ and impressive margins, driven by an established and efficient operational framework. The business has all fixed assets to continue to operate efficiently. This is a business with a stellar reputation, offering immense potential for continued growth under the right ownership.
Things To Know:
- Long-Term Lease: 18-year lease in place, providing stability and security for the new owner.
- Consistent Turnover: Weekly turnover exceeding $85,000 with strong, reliable revenue streams.
- Prime Location: Situated in a thriving country town with excellent customer facilities and easy access.
- Fully Equipped: All fixtures, fittings and equipment are included in the sale, ensuring a seamless transition.
- Brand Support: Ongoing backing and support from the Mitre 10 and AIRR groups, ensuring continued success.
- Established Operations: Proven systems and processes in place for efficient day-to-day operations.
- Excellent Reputation: A long-established business with a loyal customer base and a solid track record.
Whether you're looking to take over a successful family business or expand your portfolio in the hardware and rural supplies sector, this opportunity offers a rewarding future in a picturesque and growing regional area.
For further details, click here to submit a confidentiality agreement and obtain further information.
Don’t miss the chance to own this iconic business in an exceptional location.
Richard Kelly
Phone: 0404 043 559
Email: [email protected]
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