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Hardware & Fastener Business for Sale - Northern NSW -EBITDA $409,693

$995,000

Bangalow, New South Wales

Hardware & Fastener Business for Sale - Northern NSW -EBITDA $409,693

Established for over 25 years in Northern NSW, this rapidly growing Hardware and Fastener business has two stores with combined annual sales of over $2.69 million.

This highly profitable and easy to run business has an adjusted EBITDA for 2020/2021 of $409,693.82 and a PEBITDA (net return to two working owners) for 2021 of $530,693.82.
The customers are made up of Local Government, building industry, agriculture and the general public. The business's supply chain offers exclusivity within the region and the high-end brands that won't be found at any other retailers. The service that the long-term staff provide is impressive, they are all very happy in their positions and want to stay on.

The owners work a flexible 5-day week and have very much enjoyed their time in the business but now would like to retire. This business is very easy to operate. Full support and training will be offered to a buyer.

Store 1 - Main road frontage. Lease to 1st July 2026 plus 2 x 5-year options rent $4,850 + outs & GST per month. Store 1 can also be offered for freehold sale to a business purchaser at $750,000 main road frontage
Store 2 Lease to Aug 2023 plus 1 x 3-year option rent $2,017.08 + outgoings + GST

There are not many businesses that can easily expand and increase their profitability with minimal investment, but this one can and has documented historical proof of it doing just that.

Forecast sales over $3,000,000 for 2021/2022 with owners' earnings (PEBITDA) at approximately $592,000

Asking $995,000 + Stock at value approx. $420,000


A comprehensive Information Memorandum is available to approved parties by completing our confidentiality agreement, use this link to complete a confidentiality agreement - https://forms.gle/UmnmkjvYBRXvWSNeA

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Last updated: 21st December 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Bangalow
State
 New South Wales
Price
$995,000
Category
  • Homeware/Hardware

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Contact

Dru Morgan