Hardware Store & Property

South Coast
Price : R 1,000,000
Listing Type : Hardware & DIY
Location : South Coast
Ref No. : 2951
Year Established : 2000
No. of employees : 11
Trading Hours : 7am - 4:30pm
Turnover : R 737 963 pm
Cost of Sales : R 402 550 pm
Expenses : R 250 254 pm
Net Profit : R 85 159 pm
Asset Value : R 1 860 173
Stock Value : R 3 870 550
Property Value : R 3 000 000

This is an established hardware store that is 23 Years strong, offers a diverse product range and is operated from prime locations. A profitable hardware business with a proven track record spanning more than two decades. This well-established hardware store caters to the diverse needs of its customers from electrical, plumbing, and lighting solutions to eco-friendly options such as solar products and low-voltage pumps. Backed by a knowledgeable team offering friendly service and expert DIY advice, this business operates from two seller-owned premises strategically located. The business is not just a conventional hardware but also offers an eco-friendly range of pumps, accompanied by reliable spare parts. The hardware team takes pride in offering their expertise and advice and are always ready to assist customers with a friendly demeanour and valuable DIY insights. The hardware owns two well-situated properties that maximizes visibility and accessibility for its clientele and that are for sale with the business. The business is available for R1,000,000, excluding an estimated R3,800,000 worth of stock, subject to final valuation. Additionally, the seller offers the opportunity to purchase the business premises for R3,000,000. The seller is open to an offer of R5,950,000 including the business, stock, and properties, presenting a comprehensive investment opportunity.

  • Established Reputation: Over 23 years, this store has solidified its standing as a reliable hardware supplier.
  • Diverse Product Range: Offering a broad product range and exceptional service, ensuring multiple avenues for revenue.
  • Potential for Growth: Room for expansion and innovation within an already successful business framework.

Take advantage of this opportunity to own a reputable hardware store with a strong foundation and ample potential for further growth. Explore the possibilities of acquiring a business that meets market demands while offering prospects for expansion. Interested in learning more?

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