Building Supplies - Greater Newcastle Area

With an amazing location within the greater Newcastle/Hunter Valley area this business is well established and carries the market leading brands that builders, tradies and the public want and need for their projects.

The financials are consistent and have been in growth with over $11M in sales in the most recent financial year and an adjusted net profit of around $1.6M. Stock at cost to be provided in due course.
Buyers can choose to sign a long term lease or the freehold property is available as an option for $3,980,000. The net rent is around $230,000.

The business only trades 5 days a week - not opened weekends which is great for lifestyle for the owner and staff or could present a huge opportunity to grow the business.

The current year is looking very strong with revenue and the return on investment for this business is 33% plus stock at cost.