Have you been in the building, construction, wholesale and distribution, or retail business or simply want a great business? This business has been operating for over 30 years, owned by one family spanning two generations and has evolved with the community and market changes well.
Building products, DIY, hardware, nursery, homewares and everything you expect from your favourite hardware store is here. Personal service, great staff and an amazing location in the greater Lake Macquarie Newcastle area is what this business offers.
The freehold part of the sale includes a main building and 3 adjoining buildings to the value of $3,610,000 and the business is listed for $750,000, totalling the listed price of $4,360,000.
KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:
• EOFY2023 Revenue over $3,600,000
• EOFY2023 Adjusted Net Profit $250,000
• Included assets & improvements worth well over $200,000
• Established brand and buying group
• Stock at value (SAV) is around $1,250,000
If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents info@merchantbrokers.com.au or call the managing business broker Shane Fox on 0415 407 777.