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Commercial, For Sale, Business, Home Garden, Cobar, New South Wales

EMAIL TO A FRIEND
Cobar NSW
$1,500,000

HOME HARDWARE - YEARS OF PROFITABLE TRADING - FREEHOLD PURCHASE - A RARE OPPORTUNITY!

72% CASH BUSINESS WITH YEARS OF PROFITABLE TRADING ? NOW FOR SALE BUSINESS & FREEHOLD * No Bunnings for over 300kms * Run under management for over 27 years * Gross profit margins exceed industry benchmark * Average debtor days less than 15% over 40 days The business is run by a stable experienced workforce of an experienced manager, 3 permanent and 5 casual members over a 5.5 day trading week. The property includes approximately 3325m2 of covered retail space plus approximately 980m2 yard storage and enjoys excellent street parking at the front and back. The 2009/09 sales of $1.83m excluding GST comprising approximately 72% cash sales and 28% credit sales exceeds the 2005 - 2008, 4 year average sales of $1.81m. This sales increase demonstrates the resilience of this business to return a strong profit in adverse econom
72% CASH BUSINESS WITH YEARS OF PROFITABLE TRADING ? NOW FOR SALE

BUSINESS & FREEHOLD

* No Bunnings for over 300kms

* Run under management for over 27 years

* Gross profit margins exceed industry benchmark

* Average debtor days less than 15% over 40 days

The business is run by a stable experienced workforce of an experienced manager, 3 permanent and 5 casual members over a 5.5 day trading week. The property includes approximately 3325m2 of covered retail space plus approximately 980m2 yard storage and enjoys excellent street parking at the front and back. The 2009/09 sales of $1.83m excluding GST comprising approximately 72% cash sales and 28% credit sales exceeds the 2005 - 2008, 4 year average sales of $1.81m.

This sales increase demonstrates the resilience of this business to return a strong profit in adverse economic conditions. The only general hardware and furniture store in Cobar.

The business has a local monopoly of supply of most lines. The business is offered for sale on a walk in walk out basis to conclude a successful 27 year partnership.

Price,$970 000 includes freehold property and improvements, vehicles, point of sale / accounts system, shop fittings, racks sundries plus Stock at Valuation at stocktake is usually approx. $550000. To find out more, contact owner today. Agents are welcome to contact owner, should they have a genuine interested party.

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ABOUT COBAR:-

Cobar shire is situated in the centre of New South Wales at the crossroads of the Barrier Highway and the Kidman Way and excellent road links to Sydney, Adelaide,Brisbane and Melbourne.Roughly the same distance to each city.Has a population around 7,000. It has 3 surrounding mines offering excellent prospects for work. It is a well serviced town with good medical (both private and public), good education and sporting facilities including an extensive amount of clubs for various sports.A full profile of the area can be provided. Price $970 000 for freehold property,vehicles,point of sale and accounting systems,shop fittings etc PLUS stock at valuation at stocktake approximately $550 000 Property price established by May 2009 formal valuation.

Property Detail

Property ID:

5793

Type:

Commercial

240
Address:

Cobar NSW

Contact The Owner

Cappers Holdings Pty Ltd - Bruce
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