Rare buy with 30-year-old business up for sale
A RARE opportunity to take over an established business has opened up with Mitre 10 in Alstonville on the market.
The business is an institution after being established almost 30 years ago in the centre of town, and having moved under different brands during that time.
The business is up for sale which would mark only the third time in its 30 year history according to sisters Nielsen Kym and Jodie Sauer, if you exclude the fact they bought it off their parents.
Now they are looking for the right buyer to take over the business which would include all the stock and 50-60 account holders including schools and nursing homes.
"At the moment anyone coming in can stay with Mitre 10 as they know it, they can go truly independent with no banner other than Alstonville Hardware," Ms Kym said.
The sisters who bought the Mitre 10 hardware have kept the business in the family by purchasing it from their parents.
They have had it in the old buttery for almost ten years, but previously it was in the plaza for almost twenty years under different brands and owners including Alstonville Hardware, True Value and Mitre 10.
"It is a fantastic business and it is great for a family," Ms Kym said.
"We are more than just a garden centre, we have hardware in the old butter factory with two levels and we source as much as we can locally."
Ms Kym, who was diagnosed with cancer, said the community's support had been fantastic with customers being incredibly thoughtful around the time of her treatment.
Ms Kym said they had absolutely no intention of closing down and were already currently putting things in place for promotions for next month including the garden promotion, buying for the mother's day promotions and then looking to buy into next spring and summer catalogues.
They have also reopened to seven days a week.
"We have no intention of closing down," she said.
"It has never been on our radar.
"Until someone comes in we will just continue doing what we have done for the last five years."