Bathroom accessories and plumbing retail business, modern flagship showroom, extensive on-line presence

Price: $1,100,000 Location: Mid North Coast, NSW Ref: 4401072
Agent:
Bruce Irvine
Agent Phone:
Office Phone:
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Business Headline :
Bathroom accessories and plumbing retail business, modern flagship showroom, extensive on-line presence
Price :
$1,100,000
Category :
Home/Garden, Import/Export/Whole, Retail, Homewares/Hardware, Wholesale, Homeware/Hardware
Full Description :

Industry known and fast growing plumbing retail business offered for sale. This business is challenging all the major players – Harvey Norman, Appliances online, REECE just to name a few. Established for over 30 years and locally owned, this business is a regional icon.

Following a complete business re-engineering process, a new custom built showroom and a well structured e-commerce platform (which has allowed growth into national sales), the business is set to grow even further than it has in the past 3 years.

Key selling points:

  • Sales growth averaging 30% pa over past two years
  • Owner works approx 30 hours per week in the business
  • Does not require specialist skills to run the business, just general business sense
  • Loyal long serving staff, capable of running day to day operations
  • Would suit investor or owner operator
  • E-Commerce platform seeing great growth in national sales
  • Ideal business for sea change lifestyle or as an expansion of an already established business
  • New showroom with great street presence
  • Possibly meets 188A and 132 visa status.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4401072#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4401072#enquire-now

Annual Rent : $70,500 - Weekly Rent : $1,356

Annual Turnover : $2,357,000 - Weekly Turnover : $45,327

Annual Gross Profit : $994,000 - Weekly Gross Profit : $19,115

Annual Ebit : $506,000 - Weekly Ebit : $9,731

Premise : Leased

Lease Commencement : Mar 2016

Lease End : Feb 2019

Lease Option: 3 years

Total Floor Area : 400 Square Metres

Total No of Parking : 5

Year Purchased : 2015

Year Established : 1985

Days Trading : 6

Staff : 5 Full Time - 2 Part Time

Staff Salaries : $178,000

Reason for Sale : Family reasons

Location : North Coast NSW

Business Potential : Increase on-line sales, reduce purchase costs

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