Leading Northern Nsw Hardware / Trade Supply Centre

Business For Sale Ballina, New South Wales 2478

Business Category Hardware

$995,000

Description

Leading Northern Nsw Hardware / Trade Supply Centre

One of Northern NSW best businesses, this well established and fully managed Hardware/Trade Supply Centre is set up for long term success in the region.

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.

The business is on track to show strong, managed, Net Returns to the current owner of approximately $328,418 for the 2022 financial year.
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 $4,129,208

Managed EBITDA (Net Profit)
2020 $333,375
2021 $289,688
2022 $328,418

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


A comprehensive Information Memorandum is available to suitably qualified partied by completing the confidentiality agreement - XXXXXXXXXX

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Dru Morgan

Bsale ID: 582435
Broker REF: MBSKHH

Business Brokers Network Australia
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