Building Supplies with freehold property - Newcastle

Description

ESTABLISHED BUILDING SUPPLIES BUSINESS | NEWCASTLE / HUNTER VALLEYAn outstanding opportunity to acquire a well-established building supplies business in a prime Greater Newcastle and Hunter Valley location.The business stocks leading market brands sought after by builders, tradespeople and the general public, supported by consistent financial performance and continued growth.Key Features* Prime Greater Newcastle / Hunter Valley location.* Established business with strong market presence.* Leading brands across building and trade supplies.* Strong customer base across builders, tradespeople and the public.* Most recent annual sales exceeding $11 million.* Adjusted net profit of approximately $1.3 million.* Business asking price of $3,500,000 plus stock at cost.* Stock value fluctuates and will be provided in due course.* Indicative return on investment of approximately 37%.* Freehold property valued at $3,980,000.* Net rental income of $220,000 per annum.* Property yield of approximately 5.5%.* Freehold property available only with the business purchase.* Business trades 5 days per week and remains closed on weekends.* Significant opportunity to increase revenue through extended trading hours.The combination of strong financial performance, an established market position, attractive operating hours and the option to acquire the associated freehold property presents a compelling business and property investment opportunity.