Profitable Timber and Renovation Supply Business - Brisbane, QLD

Description

Business type: timber retail

Location: North Brisbane, Queensland, Australia

Trading history: more than 40 years

Financial performance

Annual turnover: more than $1 million

Profitability: high

Products

Timber mouldings: established

Renovation products: established

Customers

Homeowners: established

Builders: established

Renovators: established

Repeat customers: strong

Direct competition: limited

Premises

Retail floor area: approximately 450m²

Office area: approximately 64m²

Mezzanine area: approximately 64m²

Premises: modern metal-clad building

Off-street parking: ample

Hardstand area: available

Lease

Annual rent: $90,000

Annual outgoings: $35,000

New lease: available

Operations

Sale includes: retail division only

Contract machining division: retained by vendor

On-site collaboration with machining division: possible

Marketing activity: minimal

Website promotion: established

Word-of-mouth referrals: established

Growth

• Expand product range
• Extend trading hours
• Increase targeted marketing