Summary
A rare opportunity to acquire Tasmania’s most well-established renovation business. Offered for sale for only the second time in 40 years, this is the only business of its kind in the State.
Location Details
52 Bathurst Street, Hobart
Fragments is centrally located in Hobart, offering excellent street frontage, easy access for deliveries, and ample on-street parking. It’s surrounded by complementary businesses, making it a convenient and attractive destination for customers.
Potential
- Significant opportunity to expand online sales and digital marketing
- Reintroducing the previously successful fee-based In-Home Consultation Service
- Potential to grow trade sales by targeting builders, architects, and interior designers
- Increased outreach via social media and improved brand visibility
- Wholesale buying benefits for owners undertaking personal renovation projects
- Ideal platform for lifestyle buyers seeking a creative, rewarding business
Skills
This business is well-suited to an individual or couple with an interest or background in renovation, design, or construction. While prior experience is not essential, a passion for the built environment and attention to detail will be valuable. Full training will be provided, and ongoing supplier support is well established.
Hours
The store is open Monday-Friday 10 am to 5 pm and Saturday 10 am to 2 pm and is closed on Sundays & Public Holidays.
Lease
The current 3-year lease term commenced in May 2025, with two further 3-year options.
Employees
There are currently four staff members - one part-time and three casual.
Reason for Sale
The current owner has relocated to Canberra for family reasons.
About the Business
Fragments is a long-standing and highly respected business specialising in high-quality renovation products. It offers a comprehensive and carefully curated range including:
- Door, window, and cabinet hardware
- Lighting, tapware, bathroom and kitchen fittings
- Porter's Paints, pressed metal, timber doors, fireplaces
- Hand-crafted Tasmanian furniture
Fragments is widely recognised as the only business in Tasmania catering specifically to the needs of customers renovating period homes. Its product range also includes items suitable for more contemporary styles, allowing it to appeal to a broad market.
Key Strengths:
- Unique market position with no direct competitors in Tasmania
- Strong reputation developed over four decades
- Excellent supplier relationships and a loyal customer base
- Spacious, character-filled showroom in a prime location
- Includes a fully operational e-commerce website with growth potential
- Broad and expanding product offering for both heritage and modern homes
Fragments represents a rare opportunity to acquire a profitable, niche retail business with a strong brand, loyal customer base, and significant untapped potential for growth, particularly online and within the professional trade sector. For those looking to combine a rewarding lifestyle with creative, meaningful work, this is an exceptional opportunity.
Enquire now to receive further details or arrange a confidential discussion.
History
The business was established 40 years ago and was purchased by the current owner from the founder 17 years ago.
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