38-Year Legacy Business For Sale

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: dallas.lodge@linkbusiness.com.au