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Independent Hardware Business - Western Suburb Of Brisbane For Sale

Western Brisbane, Queensland
Asking Price:
$350,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

• Operating since 1965 and still going strong.
• Combination of retail and direct sales to the building industry.
• Located in the western suburbs of Brisbane.
• One of the fastest growing regions of Australia so growth prospects are high.
• The larger chains have not stopped this good little independent business which is a member of a 750 strong Australia wide buying group. In fact revenue and profits are growing each year
• Long term lease available on excellent rental terms or if you prefer the owner will also sell the property with the business.
• Property in total is 1,336 square metres with buildings approximately 368 square metres. Part of the building is leased by a hair dressing salon which returns $1,860 per month.
• Hardware business has revenue of $2 million per annum. Current rent is less than 5% of turnover and wages are less than 10% so the fundamentals are very sound.

Adjusted Net Profit $199,369

ASKING PRICE $350,000 plus SAV ($350,000) – BUSINESS ONLY

Doug Simpson

Property Information

Location:

Western suburb of Brisbane

Premises Details:

Long term lease available

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