Townsville Home Hardware – Independent – Est 25 years

AU$450,000
July 8, 2016

Description

This independent hardware store has all the benefits of being associated with the National buying group Home Timber & Hardware – recognisable branding, excellent marketing, great buying power….but it doesn’t have to pay a cent in franchise fees!

Townsville Home Hardware is an independent hardware supplier to Townsville. The store is ideally located at 126 Ogden Street, Townsville City and has serviced the inner Townsville area since 1991. The store is 900m2 in size and underwent a complete refurbishment in September 2013.

Townsville Home Hardware was the Queensland and National Store of the Year 2014 for the Home Hardware Group of over 600 stores.

The business and has always focused on prompt and efficient service to the:

  • Retail public
  • Industrial operations using the Townsville Port precinct
  • Mining industry operators
  • Construction industry

In addition to the Townsville area, the business services the northern half of Queensland to the Gulf Country and as far as Papua New Guinea.

Through the trade-focused purchasing with its national buying group, Townsville Home Hardware supplies volume pricing on materials from national manufacturers and supplies at competitive rates for all quantities.

Both vendors work full time in the business and employ 1 full time assistant and 3 casual assistants. The current trading hours are:

  • Monday to Friday – 7.30am to 5.30pm
  • Saturday & Sunday – 8.30am – 3.00pm

Many areas of competitive edge exist including:

  • Turnover 2016 – $975,000
  • Independent store – no franchise fees!
  • Association with a fantastic buying group – Home Timber & Hardware
  • Very well established for 25 years
  • The premises are large and had a refurbishment in September 2013
  • Excellent reputation and loyal customer base
  • Well trained staff who have been with the business for many years
  • Ideal business for a family
  • Great location in the Townsville CBD
  • Good levels of profitability

Townsville Home Hardware is being sold on a walk in walk out basis for $450,000 (neg).

To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

  • Susan Butler – 0419 905 463 or susan@beyond2000.com.au
  • Margaret Butler – 0419 664 349 or margaret@beyond2000.com.au

Location