A rare opportunity to acquire a long-established Mitre 10 hardware business in Sydney’s Inner West.
Trading for close to 4 decades this business has built a loyal local customer base and a strong reputation for reliability, consistency, and service. It operates in a recession-resilient sector and has demonstrated stable performance through all market conditions, including COVID.
Key highlights:
- Average annual turnover approx. $1.8m
- Strong gross margins of approx. 37–40%
- Normalised owner-operator earnings of approx. $300k
- Close to 40 years of continuous trading overall
- Experienced team in place supporting day-to-day operations
- Proven systems under a recognised national banner
- Stable, repeat customer base with strong community support
The business is ideally suited to a hands-on owner-operator, a trade-experienced buyer stepping off the tools, or an operator looking for a stable, established business with reliable income rather than speculation.
This is not a start-up, a turnaround, or a lifestyle experiment. It is a proven, well-run operation with consistent earnings and clear continuity.
Asking price: $749,000 + Stock (SAV)
Serious offers welcome.
Further information is available upon completion of a confidentiality agreement.
Serious buyers are encouraged to enquire early.
Property Code: 155
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