Home Hardware Store in Maffra

SOLD

Maffra VIC 3860

Retail

BUSINESS FOR SALE

Phone enquiries - please quote property ID 12218

Maffra Hardware is the only dedicated hardware store servicing the town of approximately 4000 people and the surrounding regional farming areas. It is a member of the Home Hardware group and is serviced by the John Danks group. The business has been established for over 80 years, with the current owners in the business for 13 years. It is situated on a large block with easy parking and room for expansion. Customers are primarily DIYers.

Maffra Hardware is ideally located in the picturesque main street of Maffra, close to a major supermarket. It stocks paint, general hardware and building supplies, plants and garden supplies, homewares and a handyman timber range. POS and stock is monitored using the Danks Dart system, with ample computer support provided. Stock levels vary from approximately $120,000 - $150,000 depending on the season. The premise is leased with over 3 years remaining on the current lease.

Maffra is located approximately 220km east of Melbourne in East Gippsland, just 15km off the Princes Highway. The town is central to the dairy communities of the Macalister Irrigation District. It is ideally located for those that enjoy the outdoors, being at the foothills of the Great Dividing Range and approximately 40km from Victoria’s famous 90 Mile Beach. Other local industries include Exxon Mobil’s Bass Strait oil and gas platforms and processing plant, forestry, the Sale RAAF base, beef and sheep.

The town is expanding rapidly, with a second supermarket opening in late 2010. The town is well serviced by primary and secondary schools, all major banks, a hospital, a wide variety of shops and very active community service groups.

Selling price - $190,000 + SAV

Visit No Agent Business