Timber Yard And Fencing Business - Sj1466 (under Contract)

Business Under Offer Melbourne, Victoria 3000

Business Category Building and Construction

Under Contract / Offer

Description

Timber Yard And Fencing Business - Sj1466 (under Contract)

(Under Contract)

On offer is a highly profitable timber yard and fencing business with over 25 years trading history.

Asking $1,950,000 plus stock approx. $250k.

FY24 Net Profit is on track for over $800k, offering an exceptional return on investment. The business has great trading terms with customers and suppliers and very quick stock turnover, resulting in excellent cashflow and efficient use of working capital.

Operated by a capable, long-standing team of 6 full-time employees and 2 contractors. The current owners could easily be replaced by one full-time sales consultant or working owner. The owners are willing to stay on if needed and can train someone into their sales role with no prior experience.

Low fixed costs with the current rent only $35,000 + GST per annum.

There is huge potential to grow the business with new product lines, such as framing and decking. Almost no advertising has been done in recent years, yet revenue has consistently been approx. $4-5m per year.

This is a fantastic growth opportunity for a motivated new owner who will start with a solid base of strong cashflow, low working capital requirements, low fixed costs and a short overall payback period.

Property Code: 434
Contact Seller

Bsale ID: 642848
Broker REF: vicbrokers_49_266

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