RETAIL AND TRADE HOME IMPROVEMENT SUPPLIES BUSINESS- HUNTER VALLEY - Newcastle, Hunter Valley
Business Type :
Homeware/Hardware Retail, Building and Construction, Homewares/Hardware Store
Newcastle, Hunter Valley
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This highly profitable and easy to operate retail and trade home improvement store is very well-established and shows solid performance.
This highly profitable and easy to operate retail and trade home improvement store sells paint, tiles, timber flooring, paving and retaining wall blocks to retail consumers and trade clientele and is perfectly located in a high-profile location in the Hunter Valley.
There are ample opportunities to further grow, especially with the addition of new products and services. Considering the growth and development in the immediate and surrounding areas, the fast-increasing population, existing home renovations and new homes and commercial properties see the business' products in high demand.
The well-established and profitable business has accumulated a large database of customers which can be leveraged for future growth. The business is run by the current owner and has a great lease in place till 2028.
Sales have remained strong due to the business' quality of brands and excellent customer service, with current sales of more than $900,000pa. This business provides an exceptional return on investment for a working owner, with 2019 financials showing an Adjusted Net Profit for the current owner circa $207,000.
About the opportunity:
This is a perfect family-style business as it’s easy to run and highly profitable.
Features of the business include a great lease till 2028, rent less than 10% of turn over, valuable fit-out and equipment included in the sale, a recognised national brand with support and business systems in place. Being a successful business in a great location, it provides a great income and lifestyle with many opportunities to achieve even greater success in the future.
The business is part of a highly regarded national brand and buying group which provides the owner all the benefits of a strong, local and national brand with marketing support and national buying power, without franchise fees.
So, if you’re looking for a strong performing brand, a profitable and proven business in a great location, then enquire now because this opportunity won’t last long!
If you are interested in finding out more about this remarkable opportunity, visit www.merchantbrokers.com.au. Alternatively, contact Ian Jones on 1300 BROKER.