To learn more about this business opportunity contact the broker.
Ashley Brimacombe
Mobile 0417 805 438
Lorne Hardware & Leisure Store |
Iconic Hardware and Lifestyle Store with little competition - Idyllic Coastal LocationA long-standing hardware and lifestyle store in regional Victoria, this business has built a strong local reputation and customer base over decades of operation. It caters to tradespeople, residents and seasonal visitors with a wide range of products—from building supplies and garden tools to gas and leisure gear. The business operates under the Independent Hardware banner, providing access to the combined buying power and support systems of the Home Hardware and Mitre 10 networks. The affiliation ensures competitive pricing, comprehensive product ranges and ongoing operational support that would be difficult for independent operators to achieve. The transition to current ownership coincided with the COVID-19 pandemic, presenting initial challenges that have been successfully navigated to maintain the business’s strong market position Lorne hardware and leisure store has been trading for over 100 years in a busy regional town in Victoria. Owned by the current operator since early 2020, it services a loyal mix of locals, trades and tourists, especially during the peak Christmas to Easter season. The business is the only hardware store within an hour and the only fishing gear supplier in town. It also offers gas bottle refills, special orders and deliveries. With over $400,000 in stock, two warehouses, three vehicles and recent shop upgrades, it is well set up for growth. The owner, now 66, is ready to retire after running it solo for many years.The Key Features
Price $825,000* + SAV ROIC Business Sales Ashley Brimacombe 0417 805 438 ashley@roicbusinessgroup.com.au |