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Freehold Hardware Store, 1758m2 Lot, Coastal, North Queensland For Sale

Cardwell, Queensland, Australia
Asking Price:
$950,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Business ID: BS------

2 Street Frontage, Prime Location, Property Value Only!

The property is currently utilised as an award-winning, family-run hardware and general merchandise store located right on the oceanfront, midway between Townsville and Cairns. Established around 9 years ago, the store carries a comprehensive range of hardware along with fishing, camping and boating accessories. The business is a member of True Value Hardware and leverages the nationally recognised brand, however, it is NOT a franchise and no franchise fees are payable.

Pay only for the commercial property on 1758m2 with two street frontage in prime oceanfront location and on the main street of Cardwell. Potential to further develop, subject to approvals, it may be possible to build apartments or a cafe on the roof of the building, with sweeping views of the coast and islands including Hinchinbrook Island.

-Pay only for the property, no goodwill sought.

-Property valued by licensed valuer at $950K, vacant possession.

-1758m2 land in a prime location, 2 street frontage, highway exposure.

-Over 1000m2 of improvements including large retail store.

-Well presented buildings with future potential

-Award-winning store in situ, No local competition

-National Brand with NO franchise fees

-Turnover $1,350,000

-Area expected to benefit when Port Hinchinbrook reopens

After 9 years the current owners are highly motivated to sell the business and property to allow them to focus on their farm and other interests.

The asking price for commercial property is $950,000. Purchase price includes business if desired, however can also be sold with vacant possession. If you wish to take over business the price will be PLUS Stock at Value PLUS assets valued by the owner at $132,450 to be agreed upon. (You decide what items you wish to purchase).

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