3 Vasey Street, Jerramungup WA 6337

Homestead Hardware is a well known business that has operated in Jerramungup for a number of years. The current owners have had the business for the last 2 years.

The business premises contains an independent hardware store with everything from quality tools to paint to protective clothing to garden supplies. The hardware operation is run in tandem with the Jerramungup Post Office.

The overall business predominantly services Jerramungup and surrounding area, with the majority of it's clients being based in the Agricultural sector. The business prides itself on providing excellent service to it's clients.

There is scope to incorporate other products and services and expand the offering and reach of the overall business.

The business operates with 2.0 FTE equivalent owners.

The business would be ideally suited to a couple looking to be nestled close the south coast and within proximity of the coastal communities of Albany and Bremer Bay.

The building premises of 407m2 are zoned showroom and are situated at 3 Vasey Street, Jerramungup, on a 2033m2 block, with front and side access.

The business insurance covers public liability, building, business interruption, burglary and theft, glass, motor vehicle, plant & equipment and stock.

Rates for the property for 2023/24 are $2,690.73.

The business adjusted net profit for the last 2 years after addbacks is $155k.

The business and premises are offered for sale for $310,000 plus stock at valuation:
- Land & Building  $ 200,000
- Plant & Equipment  $ 70,000
- Australia Post  $ 40,000

To discuss the business opportunity further and receive a confidential financial business pack, please contact Joe Galantino on 0428 424 351.