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Wainuiomata Hardware Ltd Business for Sale
Wainuiomata, Hutt City, New Zealand
 

Wainuiomata Hardware business is for sale

 

Successful Mitre 10 Franchise 
 
Need anything in the way of tools, electrical and plumbing fittings, hardware, paint, wallpaper or garden supplies? 

Home handymen, builders, trades people and the general public all head for Wainuiomata Hardware Mitre 10 as they have got it all. But equally important, the retail space at Wainuiomata Hardware Ltd is extremely well laid out making everything easy to find. And if you do get lost, their friendly staff can offer skilled, practical advice for that major renovating project or "do-it-yourself" job around the house. 

While there, customers can browse through the Garden Shop or stop for a coffee and freshly cooked muffin at the shop's own Cafe. From there you can see into the Gift Shop and the Craft Shop and be inspired for that hard-to-find present. Or stroll next door to look at the great range of outdoor furniture and garden accessories. 

Apart from carrying a comprehensive range of stock, Wainuiomata Hardware Ltd offers it's customers value for money. This really is a one-stop shop for the 19,000 local people in Wainuiomata. 

This well established Mitre 10 Franchise and hardware store is being sold by reluctant owners who have reached retirement age. All that the incoming owner has to do is to walk in and follow their current day to day operations and continue with their success. 

  
Wainuiomata Hardware Ltd has something for everyone
 
Hardware 
  • Plumbing, hardware, building accessories, electrical fittings, automotive accessories, adhesives, paint (big seller), wallpaper
  • Power tools for the home handyman
  • Lawn mowers and edge trimmers
  • Kitchen appliances and plastic ware
  • Curtain track - only retail source locally
  • Mitre 10 specials and bargain lines
  • Key cutting bar
Paint is a big selling item
Craft Shop
  • Gifts and dolls
  • Furnishings
  • Craft materials - fabric, haberdashery, embroidery, threads.

Craft classes are held on a regular basis at the Shop.

Customers come from all over the local area and the Hutt Valley to buy their supplies.

Craft Shop and Furnishings

In-store Cafe

Wainuiomata Hardware Ltd provides a full cafe service for its customers in an attractive and welcoming location between the Garden and Craft Shops. Customers stop for coffee or a cold drink and something to eat from the selection of delicious home cooked food.

Cafe equipment and fittings include:

Cafe
  • Impressa coffee machine
  • Glass fronted cake display cabinet
  • Under bench refrigerator
  • 5 tables each with 4 chairs
  • Outside garden area seating

Kitchen

  • Stove
  • Refrigerator
  • Steriliser
  • Microwave oven
  • Wash up sink
Customer service includes this in-store Cafe
The Cafe adds to the whole customer-shopping experience and leads indirectly to increased sales.
 
Garden Shop

The Garden Shop is a 50 square metre temporary building attached to the rear of the main building on land rented from the Body Corporate. Popular items are:
  • Plants, especially succulents
  • Seeds potting mix, and fertiliser
  • Garden ornaments, garden seating
Plants and potting mix are also placed strategically by the front door to encourage impulse buying. 

A complete range of garden supplies, irrigation fittings and fixtures are available from wall display racks in the general retail space but near the Garden Shop. 

Garden Shop
 
Wainuiomata Hardware Ltd has additional storage space
 
Stock Room
Wainuiomata Hardware Ltd has a stock room and inward goods area with a roller door that opens out on to a truck loading dock. The stock room has shelving for general storage and for "lay-buys".

Rental Retail Space
Wainuiomata Hardware Ltd rents a shop adjacent to the main retail building to display it's extensive range of garden furniture, outdoor tables, chairs, and umbrellas.

 
Wainuiomata Hardware Ltd is part of the Mitre 10 Franchise Group
 
Mitre 10 has been a household name in New Zealand since 1974. There are over 120 stores throughout New Zealand operating under the Mitre 10 banner and the majority also offer special focus departments such as Mitre 10 Gardener, Mitre 10 Painter and Mitre 10 Timber.

Individual ownership is the essence of Mitre 10 as the Franchise believes that only the people who own and run the stores can offer customers the service they expect. 

The Franchise also offers computerised systems and procedures, group purchasing and fixed cost control, a New Zealand icon brand and image, advertising and sales promotional campaigns, proven national marketing programmes, a national support centre facility and much more. For more information, click on this linkage.

If the new owner wishes to capitalise on the Mitre 10 goodwill built up over many years by Wainuiomata Hardware Ltd, application will have to be made by them to Mitre 10 NZ Ltd and a Franchise Fee will need to be paid. For more information, contact Mitre 10.

 
Day to day management at Wainuiomata Hardware Ltd
 

Business Hours:
Monday to Friday - 8.30 am to 7.00 pm
Saturday, 9.00 am to 4.00 pm
Sunday, 10.00 am to 3.00 pm

Staff:
The business employs 10 staff including part time workers and the two owner-operators. One owner-operator manages the operation of the retail area while the other has responsibility for all office work and financial accounting.

As part of the Franchise Agreement, Mitre 10 holds regular training sessions for staff in Wellington. Staff are skilled in all aspects of the business and can be left to run the store on their own. This means that the owner-operators are able to take weekends off for leisure pursuits. 

The present owner-operators are prepared to stay on for one month after settlement, if required, to assist the new owner to settle in.

Offices:
Two open plan offices are strategically positioned within the store's retail space. This allows for maximum exchange between staff, customers and management. Offices are equipped with phones, fax, computers, printers and a computerised stock accounting system along with the usual office fittings and stationery.

Store counters are fitted with electronic cash registers and EFTPOS terminals.

Wainuiomata Hardware Ltd operate an invoice accounts system, mainly to schools in the area.

 

Facilities:
There is a staff kitchen and meal room with refrigerator, microwave oven, wash-up sink, and a staff toilet. The building also has a second bathroom area with toilet, shower and wash basin.

Stock:
At the time of hand-over there will be approximately $375,000 of stock.

Alarm:
There are two independent alarm-surveillance systems that protect the building and its contents.

Extensive range of hardware

Body Corporate:
While the land and building that houses Wainuiomata Hardware Ltd is freehold to the present owner-operators, there are other tenants in the building complex including a Dentist, a Pharmacy, a TAB Betting Shop and others. All occupants of the building pay fees to the Body Corporate to cover building insurance, exterior maintenance, and rubbish collection.

Building Rental
As part of the sale of Wainuiomata Hardware Ltd, the present owners are offering a 6+6 lease to the new owner. Rates and Body Corporate fees are an additional cost.

Advertising and Promotion:
The business, through the Mitre 10 Franchise, advertises on television, radio, newspapers and by direct mailing of brochures to householders.

Each franchise holder pays a share of the Group's advertising. 

Parking:
There are ample car parks immediately outside the main entrance to Wainuiomata Hardware Ltd. Many more car parks are available to the rear of the building.

 
Wainuiomata is a bustling suburb of Hutt City
 
Wainuiomata is a small community of around 19,000 residents located in a secluded valley. Wainuiomata is just 10 minutes drive away from the centre of Hutt City. 

Wainuiomata has:

  • Native bush reserves with abundant birds (tuis, parakeets) and tall trees
  • Excellent shopping mall, supermarkets, and restaurants
  • Olympic sized swimming pool
  • Handy to golf courses
  • Close to Wellington City centre (30 minutes) and Wellington International Airport (45 minutes).

 

Wainuiomata is a suburb of Hutt City
For more information about Wainuiomata, click on:

http://www.wainuiomata.co.nz/index.htm http://homepages.ihug.co.nz/~waicoll/ http://www.huttcity.govt.nz/council/services/aquatics/wainui.shtml http://www.golfing.co.nz/wainuiomata http://www.nzmuseums.co.nz/museums/WainuiomataHistorical.html http://www.library.huttcity.govt.nz/about/libraries/wainuiomata.shtml

 
Business For Sale Details
Business Category Building & Maintenance - Building Materials & Supplies
Location 6 The Strand
Wainuiomata
Hutt City 
New Zealand
Title Freehold Property
Freehold Business
Business Established 1971
Annual Sales on application
Gross Profit about 35 %
Asking Price NZD $300,000 
plus stock at valuation
Currency Conversion
Stock $375,000 approximately
Contact Brian Pollock
Jocelyn Pollock
Phone +64 4 564 8760
Fax +64 4 564 8761
Mobile 025 306 042
Email wainuiomata@M10.co.nz
Hutt City has strong local industry, museums, shops and shopping centres, restaurants, river and bush areas, sheltered beaches, gardens - in short, something for everyone.

To find out more about Hutt City, click on:

http://www.huttcity.govt.nz/profile/
http://www.dowse.huttcity.govt.nz
http://www.justpaterson.co.nz/
http://www.hvhs.ac.nz

Wellington is renowned for its theatres, restaurants, cafes, vibrant nightlife and superb harbour views. As New Zealand's capital city, Wellington has the highest per head capita spending of any city in New Zealand. 

To find out more about Wellington, click on:

http://www.wellingtononline.co.nz
http://www.searchwellington.co.nz
http://www.wellingtonnz.com

 Wainuiomata Hardware Ltd Business For Sale
6 The Strand, Wainuiomata, Hutt City, New Zealand
Tel: +64 4 564 8760  Fax: +64 4 564 8761 Mobile: 025 306 042
Email:wainuimata@M10.co.nz

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