TIMBER & HARDWARE NEAR THE DANDENONGS $1,300,000 (PLUS SAV) Under OfferRingwood , Victoria
- Under OfferContract Type
- Under Contract / OfferPrice
Building and Construction Furniture/Timber Homeware/Hardware Homewares/Hardware
The construction industry has experienced one of the most incredible booms in recent years, and COVID has injected even more life into this vibrant and buoyant market. This business is located at the foot of the Dandenongs and services a strong trade customer base with some retail customers. Extremely good supplier relationships have ensured this business has remained a strong and essential supplier to their customers providing ongoing products and support. At a time when most businesses in the industry are encountering difficulty maintaining stock levels, this business has provided an almost uninterrupted flow of product ensuring its client’s projects can continue unimpeded. There is nothing like ongoing support to your clients in a time of supply crisis to create trust and loyalty. This is an amazingly well run business with good management, great staff and an excellent reputation.
Some core strengths of this business include incredibly strong brand recognition in their market, high quality plant & equipment, strong management team with the owner usually working part time, fantastic supply arrangements, average net earnings over $430k p.a., option to purchase the Freehold and high quality staff looking to remain in the business.