Retail – Industrial Hardware – Agricultural Supplies – Accessories

For Sale

·
North West NSW

Business Code: CB1456

$900,000.00
+ Estimated Stock (SAV) $250000
Key Features: Well established -Very strong customer base - Large and diverse product range - Good lease and rent - Strong continuing demand for products - Easily run by 2 people.
State: NSW
Suburb: Gunnedah
Location: Prime main street location in thriving North West NSW town servicing a diverse range of agricultural and mining enterprises.
Premises: Open plan building of 400 sq.mts. with well laid out stock display and access - Work room of 50 sq.mts, stockroom and rear access.
Price not disclosed

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Time to retire

Sale Reason

1998

Established

Ample off -street parking available in front of store.

Parking

1 owner - 1 owner part time - I full timer

Employees

5.5 days - Monday to Friday: 7.30 am to 5.00 pm. Saturday: 8.00 am to 11.00 am.

Trading Hours

Current lease expires July 2026 - CPI Increases - Bond N/A - Landlord prepared to negotiate new lease.

Lease

Retail business, established 25 years, selling a wide range of agricultural / industrial hardware products – Items include nuts and bolts, belts and pulleys, bearings, filters, chains and sprockets, industrial hose, hydraulic requirements, and brass fittings – Also deals in tools, boating, fishing and camping equipment – Business is licensed to sell ammunition and is Boat Code agent for the area – A dedicated workroom is available for light machining and hydraulics repairs –

Features

Well established -Very strong customer base - Large and diverse product range - Good lease and rent - Strong continuing demand for products - Easily run by 2 people.

Potential

Construct web site - Offer on-line sales - Continue to expand product range - Obtain licensed firearms dealer license.

Comments

Misc.- 1- Advertising ($105) Bank charges ($115) - Misc.- 2 - Freight ($580) - Full security provided by back to base alarm - CCTV is not currently utilised - Included is forklift and 2 hose crimping machines and lathe - This business has prospered from its excellent location and product range, and is poised to take further advantage of the strong and diverse agricultural and mining enterprises in the area.

Weekly Summary

Figures exclude GST

Weekly Takings
$24630
Cost of Goods
$11480
Gross Profit
$13150
Rent
$666
Wages
$1100
Telephone
$60
Insurance
$75
Electricity
$90
Misc 1
$220
Misc 2
$580
Total Expenses
$2865
Estimated Stock
(Additional)
$250000
Equipment
(Included)
$100000
Net Profit
$10285
Price
$900,000.00
+ Estimated Stock (SAV) $250000
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