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Home & Garden business for sale in Coffs Harbour

  • Home & Garden
  • Coffs Harbour NSW 2450
  • $1,100,000 (GST na)

Bathroom accessories and plumbing retail business, modern flagship showroom, extensive on-line presence

Business Headline : Bathroom accessories and plumbing retail business, modern flagship showroom, extensive on-line presence
Price : $1,100,000
Category : Home/Garden, Import/Export/Whole, Retail, Homewares/Hardware, Wholesale, Homeware/Hardware
<p class=\"MsoNormal\"><span style=\"font-size: 8.5pt; font-family: \'Verdana\',sans-serif; mso-fareast-font-family: \'Times New Roman\';\">Industry known and fast growing plumbing retail business offered for sale. This business is challenging all the major players - Harvey Norman, Appliances online, REECE just to name a few. Established for over 30 years and locally owned, this business is a regional icon.</span>
<p class=\"MsoNormal\"><span style=\"font-size: 8.5pt; font-family: \'Verdana\',sans-serif; mso-fareast-font-family: \'Times New Roman\';\">Following a complete business re-engineering process, a new custom built showroom and a well structured e-commerce platform (which has allowed growth into national sales), the business is set to grow even further than it has in the past 3 years.</span>
Key selling points:


  • Sales growth averaging 30% pa over past two years

  • Owner works approx 30 hours per week in the business

  • Does not require specialist skills to run the business, just general business sense

  • Loyal long serving staff, capable of running day to day operations

  • Would suit investor or owner operator

  • E-Commerce platform seeing great growth in national sales

  • Ideal business for sea change lifestyle or as an expansion of an already established business

  • New showroom with great street presence

  • Possibly meets 188A and 132 visa status.


 
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4401072#enquire-now Annual Rent : $70,500 -
Weekly Rent : $1,356
Annual Turnover : $2,357,000 -
Weekly Turnover : $45,327
Annual Gross Profit : $994,000 -
Weekly Gross Profit : $19,115
Annual Ebit : $506,000 -
Weekly Ebit : $9,731
Premise : Leased
Lease Commencement : Mar 2016
Lease End : Feb 2019
Lease Option:
3 years
Total Floor Area : 400 Square Metres
Total No of Parking : 5

Year Purchased : 2015
Year Established : 1985
Days Trading : 6
Staff :
5 Full Time - 2 Part Time
Staff Salaries : $178,000
Reason for Sale : Family reasons
Location : North Coast NSW
Business Potential : Increase on-line sales, reduce purchase costs

Business Highlights

Business ID2014611714
Floor Area400m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 Mar 2019
Map for Coffs Harbour NSW 2450
Abba Group
Level 1, 183 Harris Street Pyrmont NSW 2009

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