Adelaide

Under Offer

$10,000 + SAV ($310,000 approx.)

Southern Suburbs Hardware & Garden Centre

At a Glance

- Approx. 35 minutes south of the CBD

- Trades 7 days per week

- Increased annual sales

- 50% Garden sales & 50% Hardware sales

- Perfect for an owner operator

This business has operated in its current location for over 40 years and was bought by the current Vendors in 2013. It has been one of the cornerstones of its local community since it first opened and is situated in the heart of the suburb. In addition to the business’s store front, the property comes with an attached residence that is available for the purchaser to rent if it is needed.

The business is family owned and is the perfect stop-off to get all those basic bits and pieces to complete that DYI project you’ve been planning for months. Not only can you source your supplies – you can also get the advice you need (for free) from staff that know what they are talking about. With approximately $310,000 in stock, the business has an extensive range of tools, hardware, electrical, paints and accessories and best of all it has a fabulous range of plants and accessories for the garden.

With better margins and increased sales, customers are showing their loyalty to the business having experienced the quality service and products on supply.

This business is going from strength to strength, and this is an opportunity for a purchaser to continue this progression and allow the current vendors to transition into retirement.

Simon Winter 0419 828 689

RLA 283100

TenantedNo
Simonwinter portrait rhc.profile
Business Broker, Business Valuer & Principal

Got a property to sell? Contact us for a free Property Estimate

Property Info:
  • Property ID: L9653579
  • Property Type: Homeware/Hardware
We Know Your Area
R&H Suburb Profile: Adelaide

R&H Suburb Summary Houses
Number of sales 96
Average Price $761,943
Median Price $687,500
Median Rental Price $465 p.w.
Change in Rental Rate (5yr) 4 %
R&H Suburb Summary Units
Number of sales 735
Average Price $598,078
Median Price $490,000
Median Rental Price $440 p.w.
Change in Rental Rate (5yr) 5 %
Adelaide, SA - Median Trend
$687,500