Rare Opportunity on the Mid North Coast

8 days ago

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Internal Ref: 16783

Summary

The Phone Code for this property is: 57053. Please quote this number when phoning or texting.The business is a retail hardware and electrical store situated on the main street of the commercial...

About the Business

The Phone Code for this property is: 57053. Please quote this number when phoning or texting.

The business is a retail hardware and electrical store situated on the main street of the commercial centre servicing the Camden Haven region.
It is easy to run being franchised to a major retail hardware chain with support for marketing campaigns, store layout and promotion, stock purchasing etc.
Features:
- Consistent and growing turnover.
- Significant opportunity to expand electrical, building and bike parts range.
- Perfect business for a family or partnership.
- Great position.
- Extensive range of products.
- Loyal and increasing customer base.
Trading Hours: Mon. - Fri. - 8.00 a.m.- 5.00 p.m. - Sat. - 8.00 a.m.- 2.00 p.m. - Sun. - 9.00 a.m. -12.00 p.m. Could trade 6 days (close Sunday).
Lease: 5 year lease with 5 year option.
Employees: 2 permanent + 1 Casual
Leasehold Rent: $53,000.00 approx. per annum.
Reasons for selling: Retirement.
Years established: Operating for over 60 years. Same owner last 14 years.
Other Information: Financials available for genuine enquiries, Support & training provided, Hand over period can be negotiated.
Inventory / Stock value: Asking $175K for business plus S.A.V approx. $250K

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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