Trusted Knife Shop Since 1993 | Revenue $345k

19 days ago

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Summary

Tasmanian-Owned Specialist Knife and Sharpening Retailer

About the Business

This is an opportunity to acquire a well-established specialist knife and sharpening business operating from a central Hobart CBD location, with both physical retail and online sales channels in place. The business has built a solid reputation over time for product knowledge, quality offerings, and reliable service.

At its core, this is a simple, well-positioned retail operation with strong fundamentals. The business trades from a visible, high-foot-traffic location and is supported by an established e-commerce platform that broadens reach beyond walk-in customers and provides an additional revenue stream without adding significant overhead.

The store specializes in a wide range of knives and related products, including chef knives, outdoor and utility blades, kitchen accessories, and professional sharpening services. This breadth allows for natural cross-selling and repeat customer engagement, particularly with customers who value specialist advice and ongoing service rather than one-off transactions.

Gross margins have shown steady improvement over time, reflecting disciplined pricing, supplier relationships, and the specialist nature of the product range.

The business operates from a well-located Hobart CBD premises with consistent pedestrian traffic from locals and visitors alike. A secure lease is in place through to March 2027, with further 5 + 5 year options available, offering continuity and medium-to-long-term certainty for an incoming owner.


The business services a mix of:

Trade customers, including chefs, hospitality operators, and culinary institutions

Retail customers seeking quality knives and specialist sharpening services

This mix provides a degree of resilience, with repeat custom driven by sharpening services and replacement purchases over time.

The business has successfully transitioned between owners previously, demonstrating that the model is transferable, resilient, and not owner-dependent. This makes it suitable for both owner-operators and buyers seeking a managed retail business.


Investment Considerations:

Established niche retail business with specialist positioning

Improving gross margins and consistent trading history

Physical store supported by online sales

Secure lease with renewal options

Proven ability to transition ownership smoothly


This opportunity would suit a buyer looking for a grounded, specialty retail business with a clear identity, manageable complexity, and immediate cash flow, rather than a start-up or turnaround situation.



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