Perth Power Tractors & Machinery’s Post

There have been mergers in California and now on the East Coast. Will the great state of Texas be next?!? It might be worth researching the benefits of such a merger solely for operational reasons. Price increases are not the only option when handling the rise in operation costs.

Pro-active thinking and preparation are vital for any business!!

Last month, Parkland Corporation President and CEO Bob Espey said the company’s business in Florida hadn’t reached its full potential. Besides challenges with its retail and commercial fuels, Parkland’s struggles in Florida stem from margin issues in its supply contracts, Espey said. Parkland had begun implementing “tactical improvements” to its Florida business, which included reducing labor and overtime by over 300,000 hours per year, and refreshing the interiors and merchandising options at over 40 On the Run c-stores. Those improvements appear to have been insufficient, as Parkland has decided to sell its 100 retail sites — as well as nine cardlock sites and four bulk storage plants and warehouses — in the Sunshine State. More via C-Store Dive https://lnkd.in/gb8NShWg

With almost every property we have purchased, the journey began with the eventual seller saying “I’m not interested in selling at this time” The key has been persistently and respectfully staying with it, explaining that we do things a little different, and making sure both sides and the brokers walk away happy If you’re an industrial broker and we’ve worked together, keep sending deals over; if we haven’t met yet, let’s talk :) #industrial #warehouse #offmarket

JUST SECURED - $3.2M WAREHOUSE IN THE CENTRE OF BRISBANE Location: Brisbane Purchase Price: $3,200,000 Projected Yield: 8.2% Net Date Acquired: 2024 Method: Private Treaty Why we like it? The transaction involved purchasing a well located freehold warehouse in Sumner, Brisbane. The property is split into 3 tenancies and is currently 40% under-rented on expiring leases. The intention is to renew the leases at market rent and enjoy a long term net yield of 8%+.

The Balancing Act: Stocking Up for Norwood Hardware's Grand Opening! The excitement is building as we inch closer to Norwood Hardware's grand opening! However, there's no denying the unique challenge we've faced in securing inventory. Many suppliers, understandably, require established businesses to open credit accounts. As a new venture, this meant we had to be very strategic with our initial stock selection. It's been a careful balancing act: Prioritizing essential items: We focused on acquiring the hardware staples our community needs most, ensuring we have a strong foundation for our product offering. Cash flow management: We meticulously planned purchases to maximize our initial investment and ensure a healthy cash flow throughout the opening phase. Staying nimble: We're constantly evaluating customer needs and market trends. This allows us to be adaptable and source additional inventory as we gain traction. While we can't offer everything just yet, we're confident we've curated a fantastic selection that will meet the immediate needs of our DIY enthusiasts and home improvement warriors. We're incredibly grateful to the suppliers who have partnered with us, and we look forward to building strong relationships with many more in the future! Here at Norwood Hardware, we're passionate about providing exceptional service and top-quality products. We can't wait to open our doors and become an essential part of the community! #NorwoodHardware #GrandOpening #HardwareStore #Community #SupportingLocal #ChallengeAccepted

A fantastic new toy or a potential future recall? Could we see the zip string become a strangulation hazard, regardless of age grading young children will be drawn to it. https://zipstring.com #accc #recalls #safetymatters #childsafety #toysafety #toyretailers #productsafety

"TN Warehouse Facility Sold for $26.4M" Read the full article below..

It's Monday - Let's start the week off right & keep it real... Why is no one calling out that so many real estate groups are landlord representing these monster warehouse ownership groups... then turning around & putting 3PLs in those same owner's buildings... 🤐 You think their best interest is to get the best possible deal for the small - mid size 3PL or their largest client: the landlord? 🤔 Think about it... Don't hold back.... be honest and let me know your thoughts! #CRE #warehousing #3PL #thirdpartylogistics #warehousing #logistics #IRE #transportation

Liquidation for the company once known as Lumber Liquidators? It could happen if they don't get someone to come in and rescue the company. https://lnkd.in/eQfkuPuX #llflooring #lumberliquidators #floorcoverings #homefurnishings #retail #warrensreport #businessofhome #bankruptcy #homedepot #lowes #flooranddecor