Coastal Hardware Vendor Terms
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Jurien Hardware Business For Sale
VENDOR TERMS OFFERED
Located approx. 2½ hours from the metro region, an opportunity for a family to own a well-established business servicing Jurien Bay and surrounding communities. The owner is offering vendor terms of up to 2 years.
Jurien Bay offers families a great coastal lifestyle, very affordable housing in a region enjoying consistent growth and development evident by the increasing number of residential sub divisions over the last decade.
The business, being established for many decades, is extremely well presented and a credit to its current owners and offers a good level of income and solid cash flow with further opportunity to expand the product range.
The business is very well-known and has an excellent reputation for service, boasting a high level of customer retention. Conveniently located for the tourists – opposite a caravan park and on the road to the Jetty.
The business is enhanced by stocking a very diverse range of products including power tools, outdoor power equipment, plumbing supplies, fencing, automotive products, work clothing and boots, greenlife and garden equipment, boating, camping and fishing supplies, and general hardware. Leisure and Outdoor equipment and Garden Supplies being very popular.
Open 7 days and well known for its excellent garden section with knowledgeable, friendly staff.
Consistent sales average approx $980,000 over the last 4 fiscal years with good profitability.
Recent upgrade to point of sale systems has made sales more efficient.
The leasehold business is supported by a long term lease to 2020 with further 5 year option available.
The town of Jurien features primary & secondary schools, emergency services, medical centre, cafes, pubs, loads of long and short stay accommodation to house the influx of tourists coming into town for the water sports, fishing & pristine beaches. A great place to live and Jurien Hardware is an ideal business for a family looking for a sea change.
Asking price is $160,000 +SAV (approx $340,000) with $400,000 paid at settlement with the balance of $100,000 paid over 12-24 months at bank rates 6% monthly (as approved by seller). For more information call Wayne Cooper on 0407 997 777 or email email@example.com
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