POTTSVILLE HARDWARE/RETAIL WIWO INCLUDES STOCK
Stock Included: —
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This independent hardware retailer is much more than just a hardware business, as it has prospered and expanded due to demand of a vibrant tourist spot along with a fast local growth, with much more to come over the next 5 years. It stocks many other lines besides hardware, including camping gear, beach toys & pool toys and many high turnover items. Also carries Swap gas bottles and does gas BBQ & camping gas bottle refills. The store was a member of the TrueValue Hardware group (Mitre 10). The current owner has decided it's time for a change.
The business has been established for over 27 years with an excellent reputation well known to locals. It is a very easy business to run, ideal for a husband & wife (or family team). It currently trades Mon to Fri 8.30am to 5pm. Sat 8.30am to 3pm & Sun 9am to 1pm
As a bonus new shelving valued at approx $30,000 has been installed. Also the computer systems have been upgraded, along with the Retail program at cost of $15,000. This change will allow for better product display, and improved ranging of products. This change will improve annual turnover.
The upgrade to the retail program now gives better information & reporting into the stores performance. It allows for easier book keeping & stock control.
The current owner is happy to stay on for an agreed period for training.
Approximately 220m2 (including garage/storage area).
Excellent display area at the front of the building providing extra exposure.
Front and Rear Access.
Loading Dock at the rear.
Turnover over $400,000 per annum. GP runs at 52% plus.
Very low overheads and Body Corp Fees.
Long term lease available (can be negotiated)
NOTE: FREEHOLD is also available (can be negotiated).
The business is being sold on a WIWO basis which includes stock, fixtures, fittings, computer systems with full point of sale system, full security systems & more.
Pottsville is a thriving coastal village with all amenities including 2 primary schools, IGA, Foodworks, Medical centres, Community Centre and much more and is set for a massive expansion over the next few years. It is only 20 minutes drive to Coolangatta airport, 25 minutes to Byron Bay and 1.5 hours to Brisbane CBD.
This is a solid, proven, going concern. Owner is also happy to stay on to ensure a smooth transition. Buy the business or buy the business plus freehold. Enquire today to find out more.
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Phone enquiries - please quote property ID 16252