Home Hardware for sale. Cash COW !!

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

Hardware store situated Main street Orbost Victoria 3888.
This business has a long lease at a very reasonable rent and also offers the freehold for sale at a very good price.
All options are available to ingoing purchaser.
This hardware store has been operated by current owner for 8 years and offers a great range of products for the tradies, home owners and the likes.
This store is also a member of a large buying group which makes prices more affordable to our buying customers.
There is absolutely no opposition from the larger franchise stores you find in other areas.
This store is also distributor for bottled gas supplying Elgas and BOC Gas to locals on a regular basis.
The takings are $900,000 plus ,Nine hundred thousand dollars with excellent profits.
The store is very spacious and has a fantastic range of goods at all times which makes it easy to browse and find what you are looking for.
Orbost is in East Gippsland and is called the Riviera district and has all facilities you would expect from a good country town and is not far from Bemm River and Marlo for that spot of fishing.
So if you are looking for a tree change and get away from the hustle and bustle of the city and suburbia then this is for you.
This business is ideal for someone wanting a great business, earning good income, and a change in lifestyle, nice and relaxed and no pressure.
Good working hours Monday to Friday 8am to 5pm and Saturday 8.30am to 1pm (No Sundays.)

PRICE $135,000 PLUS STOCK
FREEHOLD $325,000
BANK FINANCE AVAILABLE TO APPROVED PURCHASER
INSPECTION BY APPOINTMENT ONLY.
FURTHER DETAILS CONTACT Michael on 0400645233 , or submit an enquire
Know someone that could be interested in this?
Asking Price:
$135,000
Yearly Profit :

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Country

Australia

State

Victoria

Suburb

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Postcode

3888

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Established on

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Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

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