Reference No: 3308356

Newcastle NSW

Price: $1,206,000

Freehold Home Improvements – Awnings & Blinds Newcastle For Sale

This is a very exciting business with freehold property for a single owner or working couple in the home improvement sector which is booming.
This well-established business of over 20 years has an exceptional reputation within the market offering a quality range of awnings and blinds which is thriving with more and more householders investing in their home and entertaining areas.
The business has grown and evolved over the years investing in new equipment and technology to ensure competitive pricing and quality control to the consumer whilst improving margins to the business. The business has a quality register of assets including many sign written vehicles.
The adjusted net profit has been consistent averaging approximately $228,000 to the owner whilst managing a work and life balance. The business part of the sale is $456,000 plus stock at cost offering a 50% return on investment.
The freehold property is $750,000 (plus GST if applicable) with an applicable rent of $54,000 plus outgoings plus GST offering a return on investment of 7.2%.
With interest rates so low, quality business and property combinations with these returns don’t last long.
If you are interested in finding out more about this quality opportunity, please follow the links below. You can also email (click to show email) or call 1300BROKER.
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Price: $1,206,000
Merchant Business Brokers
426 Hunter Street
Newcastle, NSW, 2300

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Contact: Shane Fox
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