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38-Year Legacy Business For Sale

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Price $155,000
Profit *

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Location Murray Region, Albury
Category Retail, Homeware/Hardware
Listing # AW00021
Dallas Lodge Headshot

Dallas Lodge

Business Broker

Albury - Wodonga and North East Victoria

+61 260 382 118

+61 412 298 651

[email protected]

Albury Homeware/Hardware Business for Sale
Albury Homeware/Hardware Business for Sale

About this Business for sale in Albury

Established Legacy Business in Albury – Wodonga now for sale: 3-year Average Annual Profit of $153,000* for one working owner.

For over 38 years, this cornerstone of the Albury retail scene has built strong brand recognition and trust within the building Industry and wider community. Located on a main thoroughfare with high foot traffic and visibility, the business occupies two street frontages and 2 shops:

•    Shop 3: 285 sqm retail space, 88 sqm storage*
•    Shop 4: 132 sqm retail space, 90 sqm storage*

The business enjoys a stable and diverse income stream, with approximately 30% of customers being walk-ins. A significant portion of revenue comes from local builders and electricians, thanks to long-term relationships with trade professionals that ensure repeat business and consistent sales.
 
The layout provides flexibility for an incoming owner to merge with an existing business. The expansive showroom could easily accommodate complementary products or services, such as tiles, tap fittings, or even carpet floor coverings, enhancing the overall customer experience and broadening the market reach.
 
A new lease is on offer to the incoming purchaser. This location combined with its over 38-year presence positions this business as a local institution, offering solid foundations and clear growth potential.
 
Key Features and Benefits: 
•    Sales p/w FYE 2024 $23,500*
•    $153,000* EBPITDA, single working owner, adjusted net profit, 3-year average
•    Enormous retail showroom space, 417 sqm and 178 sqm storage
•    Can be relocated or opportunity to merge existing business
•    Household name, great branding
•    Low staffing, simple operations, ideal for a couple
•    Strong supplier network & growth potential identified

Price: $155,000 plus S.A.V (estimated at $240,000)  

Contact us NOW for a fast response – complete the enquiry section on this page!

LINK Business Albury – Wodonga
AW00021
Broker: Dallas Lodge

P: 0412 298 651
E: [email protected]
 

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

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Dallas Lodge

Business Broker
Albury - Wodonga and North East Victoria
+61 260 382 118
+61 412 298 651
[email protected]

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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