Established 4 Decade Old Hardware Business $1.8m Revenue, 40%gp, Inner West Sydney
New South Wales
$699,000
Key Features
AI generated. Contact seller to confirm.
- Average annual turnover approx $1.8m
- Gross margins around 40%
- Historical weekly sales approx $30k-$35k
- Operates under Mitre 10 national banner
- Experienced team in place supporting operations
- Asking price $699,000 plus stock (SAV)
- Turnover: $1.8m
- Net Profit: $330k-$360k pa
- Rent/Lease: Not disclosed
- Stock Value: $300k
- Established: Nearly 40 years (4 decades)
Business Details
Business Category Hardware
If you’re 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. $1.8m
Historical weekly sales of approx. $30k–$35k
Gross margins of around 40%
Established for nearly 4 decades
Strong repeat customer base (trade + local)
Experienced team in place supporting daily operations
Well-structured and straightforward to run
Owner wages approx. $240k plus profit
Total Seller Discretionary Earnings (SDE) $330-$360k pa
Operating 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 don’t 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.
That’s 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 (SAV)
Stock approx $300k with ability to negotiate the stock levels down if necessary.
Further information available upon completion of a confidentiality agreement.
Property Code: 155
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. $1.8m
Historical weekly sales of approx. $30k–$35k
Gross margins of around 40%
Established for nearly 4 decades
Strong repeat customer base (trade + local)
Experienced team in place supporting daily operations
Well-structured and straightforward to run
Owner wages approx. $240k plus profit
Total Seller Discretionary Earnings (SDE) $330-$360k pa
Operating 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 don’t 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.
That’s 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 (SAV)
Stock approx $300k with 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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