Solid Business with Exciting Options to Expand-Independent Retail Hardware Store

5 days ago

Location:
Regional Victoria > Victoria

Investment level:
$180,000 - $200,000 + SAV

Type:
Business

Industry:
Retail > Specialty retail > Hardware Store

Private Seller

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Summary

Growing hardware store for sale on walk in walk out basis. Current figures available,

Rent

$744 pm

Location Details

Avoca
Situated just two hours from Melbourne this is the only hardware retail store in town.
Located on the main street with plenty of on-street parking out the front or a nearby car park and it's conveniently located next to the local IGA.

Potential

Opportunity to create a website and online store to service more customers. The store currently doesn't trade Saturday afternoon or Sunday so there's also the opportunity to extend trading hours.

Skills

Experience in retail or customer service would be advantageous to successfully take over this local gem. A general understanding of home maintenance and repairs would also be desirable but not essential.

Hours

Monday to Friday: 8-5:30pm
Saturday: 8-1pm

Lease

5+5 commenced in 2023

Employees

2 owner operators

Reason for Sale

Current owners are looking to retire

About the Business

Exciting opportunity to purchase this solid, well-stocked, independent hardware store located in a regional town. The store currently offers a variety of products including but not limited to electrical and plumbing supplies, nuts and bolts, a good range of paint as well as garden and car care products.
It has something for any local handyman or tradesperson as well as having over 50 regular accounts, the local area is also home to some top wineries who are ongoing clients.
There's opportunity to grow your clients by establishing an online store to make it more convenient for those located outside of town.

History

Looking for a tree change? Be your own boss!Set in the Blue Pyrenees Rangers with various wineries surrounding the town,one hour from Ballarat and Bendigo,2.5 hours from Melbourne,1 hour from the Grampians.

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