Asking price:
AUD$3 500 000
Owner
Owner's representative
Building & Trade Supplies - Newcastle Area
Newcastle NSW, ID 238010
Сontact with me Owner's representative
Description
Business type: building and renovation supplies
Location: Greater Newcastle and Hunter Valley, New South Wales
Annual sales: over $11 million
Adjusted net profit: approximately $1.3 million
Trading days: Monday to Friday
Business overview
Established business supplying leading brands to builders, tradespeople and retail customers undertaking construction and renovation projects.
Financial performance: consistent growth, with revenue continuing to increase in the current financial year.
Financial performance
Most recent financial year sales: over $11 million.
Adjusted net profit: approximately $1.3 million.
Estimated return on investment: approximately 37%, as stated by the seller.
Stock: at cost, with details available upon enquiry.
Premises
Annual net rent: approximately $230,000.
Long-term lease: available.
Freehold purchase option: $3,980,000.
Operations and growth
Trading schedule: 5 days per week, closed weekends.
Growth opportunity: extend trading hours to increase sales.
Details
Real Estate:
Lease
Asking price: 3 500 000 aud
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