Newcastle East, New South Wales 2300
$4,360,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Family owned, two generations
- Freehold includes main and three adjoining buildings
- Freehold value $3,610,000; business $750,000
- Included assets and improvements over $200,000
- Established brand and buying group
- Broad product range: hardware, DIY, nursery, homewares
- Turnover: $Over $3,600,000
- Net Profit: $450,000
- Rent/Lease: Not disclosed
- Stock Value: $1,250,000
- Established: Over 30 years
Business Details
Business Category Building and Construction Hardware
Have you been in the building, construction, wholesale and distribution, or retail business or simply want a great business? This business has been operating for over 30 years, owned by one family spanning two generations and has evolved with the community and market changes well.
Building products, DIY, hardware, nursery, homewares and everything you expect from your favourite hardware store is here. Personal service, great staff and an amazing location in the greater Lake Macquarie Newcastle area is what this business offers.
The freehold part of the sale includes a main building and 3 adjoining buildings to the value of $3,610,000 and the business is listed for $750,000, totalling the listed price of $4,360,000.
KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:
EOFY2024 Revenue over $3,600,000
EOFY2024 Adjusted Net Profit $450,000
Included assets & improvements worth well over $200,000
Established brand and buying group
Stock at value (SAV) is around $1,250,000
If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents XXXXXXXXXX call the managing business broker Shane Fox on XXXXXXXXXX .
What's Nearby
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.