Katherine Mitre10 - highly profitable with multi million sales p.a.
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34 Chardon Street, Katherine NT 0850

P.O.A.

BusinessSize: n/a
Block size: 8800 m² approx.
Phone enquiries - please quote property ID 26439.

This is truly a once-in-a-lifetime opportunity to purchase a well-established key business in a growing region.

Katherine Mitre10 is the principle local retail hardware supplier to Katherine and its region. The store has been servicing the retail hardware industry of Katherine and its surrounds since 1995 and focuses on Do It Yourself, including rural and agricultural property owners, and business to business customers.

As a member of the Mitre10 franchise, the store has access to a comprehensive range of retail and trade hardware products on excellent terms of trade. Katherine Mitre10 also participates in a national marketing and promotional program through the Mitre10 group.

Executive summary:

Over 4 million annual sales.
Excellent margins.
Over 20 years of trading history with the same owners.
Long-term and very stable customer base.
Limited direct local competition.
Strong product offer with over 12,000 SKU's stocked
Excellent terms of trade with suppliers
75% cash 25% debtor business.

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Key details

Property type:
Business
Block Size:
8800 *

Other Details

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Maps and area information

Block information
Block size: 8800 (approx)
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Property history

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Katherine suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
36 years
Population
1,254
Listing ID: 182049494. This listing has been viewed 2 times. It was first displayed on 01/11/2023 and last updated on 01/11/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.