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TIMBER & HARDWARE NEAR THE DANDENONGS $1,300,000 (PLUS SAV)

$1,300,000 + SAV

Ringwood Region, Victoria

TIMBER & HARDWARE NEAR THE DANDENONGS $1,300,000 (PLUS SAV)

The construction industry has experienced one of the most incredible booms in recent years, and COVID has injected even more life into this vibrant and buoyant market. This business is located at the foot of the Dandenongs and services a strong trade customer base with some retail customers. Extremely good supplier relationships have ensured this business has remained a strong and essential supplier to their customers providing ongoing products and support. At a time when most businesses in the industry are encountering difficulty maintaining stock levels, this business has provided an almost uninterrupted flow of product ensuring its client's projects can continue unimpeded. There is nothing like ongoing support to your clients in a time of supply crisis to create trust and loyalty. This is an amazingly well run business with good management, great staff and an excellent reputation.

Some core strengths of this business include incredibly strong brand recognition in their market, high quality plant & equipment, strong management team with the owner usually working part time, fantastic supply arrangements, average net earnings over $430k p.a., option to purchase the Freehold and high quality staff looking to remain in the business.

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Last updated: 8th September 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Ringwood
State
 Victoria
Price
$1,300,000 + SAV
Category
  • Building and Construction
  • Homeware/Hardware
  • Homewares/Hardware

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Agency

Business Brokers Network

Business Brokers Network

Contact

Stu Brien