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Business ID BS142394

Freehold Hardware/General Store - Coastal North Queensland

Award Winning, No Local Competition, Prime Location and Property

Cardwell Traders is an award winning, family run hardware and general merchandise store located right on the ocean front, 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.

Rare freehold opportunity to purchase well established business with impressive commercial property on 1758m2 with two street frontage in prime ocean front location and on main street of Cardwell. Potential to further develop, subject to approvals, it may be possible to build apartments or a cafe on roof of the building, with sweeping views of the coast and islands including Hinchinbrook Island.

  • Award winning store
  • No local competition
  • National Brand with NO franchise fees
  • Turnover $1,350,000
  • 1758m2 land in prime location
  • Well presented building with future potential
  • 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, business and all business assets (excluding stock) is $1,200,000, PLUS Stock at Value. Business assets valued by owner at $132,450.

 

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Business Sale Price:
$1,200,000 + SAV

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