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Outdoor Home Improvements Central Coast and Newcastle

$860,000 + SAV

Hunter Region, New South Wales

Outdoor Home Improvements Central Coast and Newcastle

Whilst the factory and head office of this business, are located in the Central Coast, the business has for 30 years also successfully serviced Newcastle and the Hunter Valley regions.
This award-winning business specialises in carports, patios and outdoor entertaining areas and has other products that are highly sought after such as, custom security doors and privacy screens. This business and the industry are currently experiencing growth, with no signs of this changing.
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 listed price of the business which is exceptional and should have your attention.
KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:
• This business has exceptional business assets and inclusions
• Established and qualified team of staff
• The accountant and bank will love the financials and returns
• Genuine owners offer training and transition
• Long term leases are available for the sites or
• The 3 freehold properties are available for $1,920,000 offering 6.25% return
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 (1300 276 537).

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Last updated: 20th October 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Hunter
State
 New South Wales
Price
$860,000 + SAV
Category
  • Building and Construction
  • Business & Property
  • Garden/Household

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Agency

Business Brokers Network

Business Brokers Network

Contact

Shane Fox