Newcastle, New South Wales 2300

Freehold Outdoor Home Improvements

For Sale | $2,780,000 + SAV

Building and Construction Homeware/Hardware Manufacturing/Engineering

This business is a well-established and well-known brand that also includes 3 freehold properties making this a considerable asset and investment.
This award winning family built business has been established for over 30 years specialising in carports, patios and outdoor entertaining areas with other products also on offer. Revenue for EOFY2020 is around $6M and the adjusted net profit around $430,000 (after owners wages and super)
The business is on the market $860,000 (plus stock at cost) offering a net return of 50% on the listed price of the business. The property is listed for $1,920,000M and offers 6.25% return with rent at $120,000. Therefore, the total returns are approximately $520,000.
KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:
• This business has exceptional business assets and inclusions (over $400,000)
• Established and qualified team of staff (around 29 staff plus sub-contractors as required)
• The accountant and bank will love the consistent financials and return on investment
• Genuine owners are looking for the right people to hand over to
• The outdoor Home improvements sector is booming
• Property included offering further investment and security
If you are interested in finding out more about this quality opportunity, please follow the links below. You can also email info@merchantbrokers.com.au or call 1300BROKER.

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Marketing By


Shane Fox

Business Brokers Network

Overview

This Building and Construction Business is one of 92 businesses for sale in Hunter, New South Wales, and one of 37 Building and Construction Businesses in this region that a business for sale currently has on offer. This Building and Construction Business is for sale in Hunter for the asking price of $2,780,000 + SAV and has been on market for less than 3 months.