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Handyman Renovator Trade Market High Profile Brand Support For Sale

Gold Coast Mc, Queensland, Australia
Asking Price:
$1,350,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Supplying the home handyman, renovators, online click and collect, gardens, outdoors as well as trade market includes high profile brand support business for sale.

Locals and trades people alike patronise this well-known located business where the parking is excellent. The service and advice are second to none, such that it enjoys excellent foot traffic serving 300 customers daily with a very large proportion of sales on click and collect or delivery.

A national brand with excellent support both in marketing and finance.

A feature of this business that stands it out is that the stock is not subject to fashion changes or obsolete due to use by dates.

The support included 60 days of credit on stock purchased which makes holding stock your friend.

Revenue
$3,460,266

Net Profit
$505,695

Skills
Experienced managers and staff in place – good people skills with a team would be ideal and customer service orientated.

Hours
Monday – Friday 7 am until 5:30 pm
Saturday – 8 am until 5 pm
Sunday 8 am until 4 pm

Lease
2 years plus 5, plus 5 years increase CPI

Location
Central Gold Coast

Employees
2 managers plus 4 casuals with 2 owners part-time

Reason for Sale
Concentrate on other interests and family reasons

About the Business
The store has operated in the same location for approximately 30 years apart from a small break and re-opened in its current location in November 2018.

The two key managers have been involved in the Business for 13 years in total over a long period and returned when it reopened in 2018. All counters, fixtures, point of sale computing, lighting, electrical, air conditioning, and general fit-out are almost new and certainly in new condition. This business has mezzanine offices and a lunchroom facility and a rear receiving dock.

The support from one of Australia's biggest leading chains is a feature of this business, not only providing significant sales support plus financial support on the stock purchase with 60 days interest-free terms on purchases making the return on the purchase price after a short period over 40%.

History
Established 30 years (open 27 Years)

Sale Price
$1,350,000 plus SAV

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