Hardware store established for over 50 years (and still going strong)
Stock Included: —
Stock Value: —
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In high density inner suburban area.
Being situated where it is, it enjoys a much higher gross margin than you would expect to find in independent hardware stores. This is no doubt due its location in an area populated with customers who have high disposable incomes and are more interested in convenience rather than price.
Its customer base comprises local tradespeople and the home handyman who find it much more convenient to shop locally for low ticket items rather than waste time travelling to the nearest major store.
The business is open six days a week, the owner only works four days as he wants to spend as much time as possible with his family; he has experienced reliable staff quite capable of running the business without constant supervision.
Asking price $50,000 plus Stock at Value.
Information Memorandum available once confidentiality arrangements have been entered into.