Successful, well-established Freehold Hardware store, food retail and residence

Successful, well-established Freehold Hardware store, food retail and residence

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Location Details :

Country

Australia

State

Western Australia

City

Mount Magnet


Industry :
Home/Garden - Homewares/Hardware ;

Financial Details :

Revenue

--

EBITDA

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EBITDA multiplier

-x

About the business

Phone enquiries - please quote property ID 29784.

A fantastic opportunity to purchase a successful, well-established, easy-to-run destination business and freehold with multiple revenue streams, no competition and huge growth potential. With an enviable supplier network, widespread customer base, outstanding reputation and essential products and services this is a market rarity. This business is poised perfectly for significant expansion and with three buildings (shop, diner and residence) on massive premises boasts endless opportunities.

Being the only hardware store for hundreds of kilometres and 350km to the nearest Bunnings, the store has supplied its widespread customer base with necessary products and services for over two decades, from a network of top-quality suppliers and premier brands. The community store maintains a stellar reputation, renowned for its massive product range, great prices, superior customer service and friendly atmosphere.


Customers for the hardware store include:
• Mining companies
• Government contractors
• Agricultural landholders
• Tourists
• Local residents and townspeople
• Local contractors
• Businesses
• Tradespeople



Included in the sale:
• Hardware store business, well-established with no competitors.
• Hardware store freehold property and all equipment.
• Diner premises next door, currently running at limited capacity but offering a full commercial kitchen and the opportunity to be run as a full-time café.
• Three-bedroom, 1 bathroom residence.

The store boasts a reputation for having “everything”: from key cutting to water purification, Muzz Buzz Coffee and a range of food and drink options. Adjacent to the store sits the diner boasting a full commercial kitchen. Currently the kitchen is only used for food preparation. It was once a full-time cafe - which can easily be reintroduced. The diner also houses a Centrelink Agency offering an additional income stream. To the back of the property sits the well-presented, comfortable three-bedroom one bathroom residence.


With clear avenues for substantial growth, this is an incredible opportunity to purchase not only a successful business poised for expansion but a fun work-life balance in a friendly community. Re-open the café full-time, increase marketing efforts to find new customers, expand the product range and take advantage of the continued growth the area has seen in recent years and is projected to see into the future.

The current owners run the business themselves as a partnership. The work is usually 10 hours per day, but opportunities for expansion include hiring more staff as there are currently no other employees.

At a glance:
• Highly successful and profitable business and impressive freehold, well established - over two decades.
• Fantastic location and wholesome community, with substantial competitive advantage (no local competitors).
• Multiple revenue streams - hardware sales, food sales and Centrelink Agency fees.
• Loyal supplier network, and loyal and diverse customer mix - repeat business and strong referrals.
• Expansive, highly desirable product and service offerings.
• Clear avenues for growth.
• Easy to run business and enviable country lifestyle in the heart of gold prospecting country.

Enquire today!

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

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