Freehold Building Supplies - Newcastle/Hunter 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 fluctuates and will be provided in due course. The business price component is $4,400,000 plus stock at cost which provides a return on investment of 35%.

Freehold property as per valuation is $3,980,000 with net rent at $220,000 providing a yield return of 5.5%. The property is only available with the purchase of the business - simultaneously.

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.