Business Description The business supplies a large range of hardware and marine products including: – Building supplies – Timber, cement, gyprock – Plumbing supplies – Pressure pumps and rainwater tanks. – Auto and bottled LP gas – Paint – Home wares – Tools and garden supplies – Marine supplies – Fishing bait & tackle Operating under the Thifty Link banner the business utilises the buying groups electronic ordering system and stock control. The Property Located in the centre of Warooka on two titles giving a total area of approx 2,022m2 with the main shop area having a floor area of approx 300m2 plus lean to area on the rear incorporating further storage, staff amenities plus office. To the east of the shop is a drive through area for auto gas and off street parking plus rear access to the shop and a further storage shed of 6.6m x 13.3m with concrete flooring. Client Base The business having been in operation over 20 years has a large local client base which account for about 70% of business turnover and tourists to the area accounting for the remaining 30%. Many local families have accounts with the business with 90 -100 being sent out at the end of each month and accounting for turnover in the order of $40,000 to $50,000 per month. Hours Monday to Friday 8.30am – 5.00pm Saturday 8.30am -12.00pm Sunday 9.00 am – 12.00pm (peak summer eg. January only) Staffing The current business operator splits his time between the Warooka business and the fledgling Yorketown Hardware. A casual staff member is employed 3 to 4 days a week for about 4 hours a day at $15 per hour. Turnover Average gross weekly sales 04/05 $14,781 06/07 $13,711 07/08 $18,254 Reason for Sale The current owner is planning to concentrate efforts on growing the Yorketown business. Conclusion A strong business with growing turnover which has further possibilities as the near by coastal townships of Hardwicke Bay, Point Turton, Corny Point and Marion Bay grow with the “baby boomer” generation settling either permanently or semi permanently in the area.