Operated by the current owners since 1994, the business has grown year upon year and now has annual revenue in excess of $4,000,000. Trade consists of approximately 40% DIY Customers and 60% Trade Customers.
A strong and experienced management team are in place giving the current owner flexibility to manage the business from a distance.
A vast array of Plant and Equipment valued at approximately $250,000 also comes with the business including modern racking systems, 2 x Forklifts, and a 16t Crane Truck for delivery’s.
The freehold property is also owned by the business owners and is available seperately for purchase if required for $1,100,000. Alternatively, a new long term lease will be offered at $80,000pa + gst + outgoings. The premises are modern and well equipped with a 1360sqm building sitting on approximately 7447sqm of land.
Key Financial Data
Sales Revenue
2020 $3,284,652
2021 $3,430,956
2022 $4,130,774
Managed EBITDA (Net Profit)
2020 $329,375
2021 $287,688
2022 $464,223
Plant & Equipment included in the sale
$250,000 (Approximate Market Value)
Business Sale Price
$995,000 + Stock at Value (Approx $750,000)
Freehold Property Price (If required)
$1,100,000