Owner operated Mitre 10 hardware store. Established over 30 years this business is ideally located in the growing southern suburbs of Adelaide. Training available.
Price $75,000 + SAV
Situated 1km from one of South Australias finest beaches and within a short distance to the southern wine districts this business offers a lifestyle opportunity not to be missed.
Located on a busy road opposite a post office, this business has been operating in its current location for over 30 years. The current owners have operated the business since 2006 and are now looking to retire. The store has recently been refurbished with new exterior paint/sign writing and interior flooring.
Fittings, fixtures, plant equipment, Toyota forklift, 8 x 5 courtesy trailer and 20ft storage container are included in the sale. A full list of included equipment is available on request.
The business is currently run by the owners together with one fulltime permanent staff member and 2 junior casual staff members. This business is suited to an owner operator.
The business is part of the Mitre 10 national buying group.
Advantages of being part of the Mitre 10 group include:
- Group buying power without business restrictions
– Significant marketing and media support including TV and print ads and regular catalogues
The business is located in a growing area in the southern suburbs of Adelaide with a number of new suburbs currently being developed. Infrastructure improvements in the area include a freeway duplication and extension of the rail network. This population expansion has created significant growth prospects for this business.
The business experienced 7% growth in the 2011/12 financial year. The growth for July to December 2012 has been a further 9% over July to December 2011
The business has an annual turnover approaching $1 million with full financial details available to qualified prospective buyers.
Lease: 5 + 5
Additional Details
Years Established: 30+
Stock Included: Yes
Number of Employees: 1 Full time, 2 Casual
Property Title Included: No
Business Relocatable: No
Business Operated from Home: No
Local Council: Onkaparinga Council