Net profit in excess of $560,000

Building and Construction Furniture/Timber
GOSFORD

Home Improvement - Net $550K+ to owner.

We present a very profitable business 90 minutes north of Sydney. Get away from the city and harvest riches in this leisure coast business.

Sale price = $1.1 million plus stock (approximately $200-250,000). The vendors have owned the business since 2000 and now wish to retire. It has a long history of consistently strong financial performance and returns $550 + K to owner annually (FY 2021). YES THAT'S PROFIT ON OFFICIAL FIGURES.

It is a retailer of hard flooring products for the indoor and outdoor of the home and is a part of a highly respected franchise brand. The franchise is a market leading Franchisor with 28 stores country wide - the brand is strong, highly trusted and has an excellent reputation for quality of product and service.

Demographics of the strongly growing Central Coast region present extensive market opportunities in a major growth corridor.

The business has been resilient throughout the Covid-19 pandemic.

Business Financials

Summary

  • Listing ID Amber No Name
  • Status Sold
  • Region GOSFORD
  • State New South Wales
  • Price SOLD

Contact Broker

Tony Arena
Tony Arena

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