Hardware boom on coast as Bunnings secures Yeppoon site
GET the bread and tomato sauce out, Yeppoon... Bunnings has purchased a site on the coast.
The company has reached a "conditional agreement" to purchase Capricorn Coast Hardware in Yeppoon as part of its move to invest across Queensland.
Bunnings said all current employees would be offered employment with the company.
And, it has confirmed it will continue the tradition of community sausage sizzles each weekend.
The store is expected to be "re-branded" and "transformed" into a smaller format Bunnings warehouse in the coming months.
The company currently operates stores nation-wide, with items ranging from hardware, garden, kitchen, bathroom, lighting and electrical.
Capricorn Coast Hardware owner Theron Bond said the sale was a "relief" and was excited for what it meant for the region.
The store will be added to the 50 already in operation across the state.
"We are excited about the move, it seemed to be the natural progression," he said.
"Things are going bigger and bigger. It is hard when they are trying to enforce buy local, but people don't support it."
Mr Bond said he had owned the hardware store for the past 21 years, and the offer from Bunnings came at just the right time.
"I was willing to go, it has given me an exit strategy to get out; Bunnings was coming here regardless," he said.
"They offered (the staff retention) up front, and it made the decision a lot easier.
"It's a good move; they have been pretty good with the way they have gone about it."
Mr Bond said it would be a positive for Yeppoon, and said he was feeling a sense of relief after the decision; which was only officially announced yesterday.
He said he felt like everything had fallen into place.
"I think I am going to have a good break," Mr Bond said.
"It just gives me a way out to do what I want, enjoy life, learn how to play golf again."