INDEPENDENT HARDWARE BUSINESS

  • Operating since 1965 and still going strong. Combination of retail and direct sales to the building industry.
  • Located in the western suburbs of Brisbane.
  • One of the fastest growing regions of Australia so growth prospects are high.
  • The larger chains have not stopped this good little independent business which is a member of a 750 strong Australia wide buying group.
  • In fact revenue and profits are growing each year.
  • Long term lease available on excellent rental terms or if you prefer the owner will also sell the property with the business.
  • Property in total is 1,336 square metres with buildings approximately 368 square metres.
  • Part of the building is leased by a hair dressing salon which returns $1,860 per month.
  • Hardware business has revenue of $2 million per annum.
  • Current rent is less than 5% of turnover and wages are less than 10% so the fundamentals are very sound.

Adjusted Net Profit $199,369

ASKING PRICE $350,000 plus SAV ($350,000) – BUSINESS ONLY

Doug Simpson 0417 669 089

doug@businesssalesaustralia.com

www.businesssalesaustralia.com

Building and Construction | West Brisbane | QLD

$350,000 + S.A.V.

Business Sales Australia

Address:
PO Box 1044,
QLD, 4221

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Australian Enquiry?     Yes     No
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