Business for sale in QLD , BRISBANE
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| Broker Details: | Business Sales Australia |
NETTING OWNER $1,340,000 â€" YTD expected $950k plus
Advert Id : 19138
Sellers Ref: (2646)
Location: QLD
- BRISBANE
Category: Wholesale Distribution
Financial summary
Asking Price: $3,450,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Business description
Net profit in 2011 of $1,340,000 to an owner who is well supported by very loyal and stable management capable of taking the business to even greater success. YTD is estimated at $950k and with the forecast likely to exceed budget. Importing, wholesale and some supplementary manufacture make this business highly desirable. Established for over 24 years and with a focused marketing approach that over the years developed 3 income streams, all fed from several key growth markets. The unique range of products ensures this business remains the market leader with a competitive edge. Some client arrangements provide for long term orders giving security. A major importer of unique products mainly for the DIY market, which it supplements with manufactured items for the mining sector and up-market commercial projects. This gives the business both flexibility and the capacity to grow in its modern purpose built premises. Consider the following;
- Netting an owner $1,340,000 but budgeting for 35% more in 2012
- Modern Plant and Equipment $728,000 approx.
- Loyal and very capable staff
- Located between Gold Coast and Brisbane
- 5 days a week, closed Xmas
- Established over 24yrs
- Has spare capacity in modern, well appointed premises
- Supplies the mining, wholesale and retail hardware markets
Asking price $3,450,000 plus stock
Gary Dutton 0407 598 112


