Business ID XB------ - TURNOVER: $1M+ - INDUSTRY LEADER IN MACHINING SPECIALTY RENOVATION PRODUCTS
Outstanding opportunity to buy a successful and tightly held Retail Timber business in Queensland’s fast-growing capital. VSH Timbers specializes in timber mouldings and products for the renovation market. With Brisbane leading the charge in home renovation spending in Australia, the only way is up for this profitable business!
BUSINESS HIGHLIGHTS:
-VSH Timbers is a leading stockist of renovation products to match existing finishes
-Established 40 years – Prominent North Brisbane location
-Near-new, metal clad building offering 450 sqm of floor space, 64 sqm of office space, and 64 sqm mezzanine floor. Ample off-street parking and hardstand area
-The rent is $90,000 per annum, with outgoings of $35,000 per annum – new lease available for a new owner
-Currently only marketed via website to builders and general public
-Owner scaling back for retirement by selling off the retail side of the business and retaining the manufacturing and contract machining portion of the business which operates in the rear section of the building
-The new owner would be working with the existing to compliment additional growth and products
-Potential to extend product range and trading hours – and increase marketing
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Brisbane property owners spent around $880 million on renovations last year (according to Budget Direct), choosing to improve their current home rather than selling/buying. It wouldn’t take much to build on the success and reputation of VSH Timbers to take its impressive revenue even higher!
PRICE: $460,000 + SAV
Property Code: 4019
