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Retail Businesses for Sale in Annandale, NSW

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ANNANDALE, NSW
Established 4 Decade Old Hardware Business $1.8m Revenue, 40%GP, Inner West Sydney
NSW
Retail
$699,000 plus SAV - offers considered
If youre looking for a business that is stable, proven and easy to understand, this is it.This long-established hardware business has been trading for close to 40 years, generating consistent revenue year after year with a loyal mix of trade and retail customers.Key highlights:Average annual turnover of approx. $1.6-1.8mHistorical weekly sales of approx. $30k$35kGross margins of around 40%-42%Established for nearly 4 decadesStrong repeat customer base (trade + local)Experienced team in place supporting daily operationsWell-structured and straightforward to runOwners wages approx. $240k plus super plus profitOperating under a recognised national hardware banner (Mitre 10) with a flat royalty fee not linked to sales performance, the business benefits from established supplier relationships, strong buying power and brand recognition, supporting both margin and consistency.Businesses dont last 40 years by accident.They last because they do the fundamentals well, every day.This one has.Through changing markets, economic cycles and COVID, it has continued to trade consistently and serve a loyal customer base.Thats the difference between a business that looks good on paper, and one that actually works.The operation is practical and manageable, with systems and staff already in place. It is well suited to a hands-on owner looking to step into a business that already runs, rather than build one from scratch.No reinvention required.No turnaround needed.Just step in and run a business that already works.Asking Price: $699,000 + Stock approx $250,000 - 300,000 adjustable (SAV)Ability to negotiate the stock levels down if necessary.Further information available upon completion of a confidentiality agreement.Property Code: 155
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