Newcastle Area Hardware and Building Supplies

Description

This business has been operating for over 30 years and has been owned by one family across two generations. Over time it has successfully adapted to community needs and market changes.The business operates within the building, construction, wholesale, distribution, and retail sectors. It offers a wide range of products including building materials, DIY supplies, hardware, nursery products, homewares, and other items commonly found in a well-stocked hardware store.The operation benefits from experienced staff, personalised customer service, and a strong location in the greater Lake Macquarie and Newcastle area.There is flexibility for the incoming owner to lease the premises or purchase the main building and adjoining freehold properties. The freehold properties are listed for $3,610,000.Key Features* EOFY2024 revenue over $3,600,000* EOFY2024 adjusted net profit $450,000* Included assets and improvements valued at well over $200,000* Established brand and buying group* Main building and adjoining properties available for lease or purchase