Building & Trade Supplies - Newcastle Area

Description

With a prime location within the greater Newcastle and Hunter Valley region, this well-established business supplies leading market brands to builders, tradies, and retail customers undertaking construction and renovation projects.The business has demonstrated consistent financial performance and ongoing growth, achieving over $11M in sales in the most recent financial year, with an adjusted net profit of approximately $1.3M. Stock at cost will be provided upon further discussion.Buyers have the option to secure a long-term lease or acquire the freehold property, which is available for $3,980,000. Net rent is approximately $230,000 per annum.The business operates on a 5-day trading week and is closed on weekends, offering strong lifestyle benefits for owners and staff, as well as clear potential for revenue expansion through extended trading hours.The current financial year is tracking strongly, with continued revenue growth and an estimated return on investment of approximately 37 percent, plus stock at cost.