Timber & Hardware Business

Victoria, Australia
 

Asking Price
$2,800,000


Timber & Hardware Business

50 YEARS plus Timber and Hardware business thriving on regional growth

Located in regional Victoria and established half a century ago, this leading timber and hardware store continues to build on its strong connections to the local town and surrounding area.

As a complete one-stop timber and hardware supplier the business offers a broad range of products targeting the DIY handyman and homeowner. Its range includes:

• Traditional Hardware lines – hand and power tools, paint

• Comprehensive Timber range – from sleepers to treated pine

• Industrial and domestic gases (agent for BOC)

• Plumbing supplies

• Steel supplies and much more

In addition to retail sales the business also offers an equipment hire service with everything a home builder or renovator would require, from mini excavators to scaffolding.

With its long history servicing the region the business is a highly regarded and trusted name. In addition to its product range the business has been built on a strong customer service ethic. Going the extra mile – cutting timber and glass to size etc. – is one of the key reasons the business enjoys such strong customer loyalty and has flourished for over half a century.

As an entirely independent operation the business avoids restrictive trading rules and expensive franchise fees. However, as a member of an interdependent traders collective it still benefits from the group’s combined buying power.

The store and timber yard are located on a 2931sqm corner block, just off the main street of town. Easily accessible with ample off-street parking, the freehold title to the site is included in the asking price. With its residential zoning and possibility of being developed for housing, the land is a valuable investment in its own right.

An adjacent 300sqm block with shed and garage is leased and utilised for additional storage. Also included in the asking price is a list of vehicles – 8-ton tray truck, 3-ton tray truck, ute and new forklift.

Located an hour north of Melbourne the town continues to grow at a significant rate as people increasingly look for alternatives to the big city. The numerous residential estates being built will be the perfect springboard for the business into the future.

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