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Building & Construction business for sale in Brisbane City

  • Building & Construction
  • 1 Brisbane Brisbane City QLD 4000
  • $2,400,000 Inclusive of stock

Group of Plumbing Supplies Stores

Group of 5 stores spread throughout South -East Queensland
38 years under the current owner
Store managers in place at each location
Turnover approx. $10M + with strong EBITDA
Asking price includes an estimated $1.4m in stock and an estimated $600,000 in plant & equipment including large fleet of vehicles.

This long established plumbing supplies business has been established since 1950 with the current owner taking over the business in 1981. Over the last 4 decades the business has had steady growth and now has 5 stores spread all over South- East Queensland. With a large multi million dollar turnover, the business has built a really good spread of customers with the majority being tradies who order products frequently. They are also part of nationwide buying group of over 320 stores which gives them strong buying power from the industries leading brands.

With store managers in place at each outlet and an area manager overseeing operations, the owner has mimimal input into the business. In fact most of the staff are very long serving and have remained extremely loyal over the years allowing the owner to have almost no involvement in the day to operations. With the owner well past retirement age, they are ready to move onto the next chapter, but want to ensure the business continues into the future.

There is a large Fleet of utes included in the sale and some freehold property may also be available to purchase for an incoming buyer.

Genuine buyers will need to sign a detailed confidentiality agreement and demonstrate their financial capacity before any information is released.

$2,400,000 Inclusive of stock and Plant and equipment

Michael Yared
0431 172 889

Michael Yared
Business Brokers Network Australia
Michael Yared
Business Brokers Network Australia

Business Highlights

Business ID2015717294
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Last updated  24 Mar 2021
Map for 1 Brisbane Brisbane City QLD 4000
Map for 1 Brisbane Brisbane City QLD 40001 Brisbane Brisbane City QLD 4000
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Michael Yared
Business Brokers Network Australia
Michael Yared
Business Brokers Network Australia

Business Highlights

Business ID2015717294
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  24 Mar 2021
Business Brokers Network Australia
Unit 8/747 Fairfield Rd Yeerongpilly QLD 4105
Michael Yared
Business Brokers Network Australia
Michael Yared
Business Brokers Network Australia

Ask Michael Yared about this business

Michael Yared

Michael Yared

Business Brokers Network Australia

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0431 172 889
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