• Operating since 1965 and still going strong. Combination of retail and direct sales to the building industry.
• Located west of Brisbane in 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 over $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 $219,000.
ASKING PRICE $350,000 Plus SAV ($350,000) – BUSINESS ONLY
Doug Simpson 0417 669 089