Discover a piece of history in the heart of Reefton! This remarkable hardware store, in operation since 1865, is a unique blend of charm and modern convenience offering a great lifestyle opportunity for you to own and run your own business in this stunning location.
With a diverse range of offerings, including timber, building supplies, paint, tools, garden supplies and homeware, the business caters to a wide range of local and transiting customers. As the only hardware store within an 85 kilometer radius, the business truly is a vital local resource. A key part to this is the Buildlink affiliation, which enables competitive pricing and access to an extensive inventory, along with high-quality support from the group.
A desirable part of the sale is the associated freehold property. In recent years significant upgrades have been undertaken, including earthquake strengthening and expanding the footprint with the indoor timber store. Between the yard space and the indoor storage, room for expansion and refinement remains, which will support future growth.
Providing a total return to a working couple of approximately $190,000 for the 2024 financial year, there is a desirable and profitable lifestyle on offer here.
While the vendor is selling in order to retire and enjoy time with family, they will remain local and are willing to offer hands on support to ensure the new owners success.
The business is to be sold as a Freehold Going Concern with a total asking price of $1,150,000 + stock. The price is broken down as follows:
Business $350,000 + stock
Freehold $800,000 + GST if any
Total Price $1,150,000 + stock
If living and owning your own business in the beautiful West Coast region sounds like your next move, contact Alex on 027 815 8156 to find out more!
For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=34596
