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Currently on offer is a retail business with a broad range of products. It sells timber, hardware and gardening supplies to a diverse customer base.
*$4,160,000 annual takings
*$600,000 annual net profit
*4 staff members
*Ample 5,881 sqm of space
*Strategically positioned and benefits from high daily traffic
*Negotiable lease
Walid Hijazi, Ken Bouchebli and the team at LINK Melbourne are thrilled to bring to the market this longstanding retail business specialising in a broad range of construction, hardware and gardening products. It has been operating since 1991, establishing itself as an institution business at its current location. The business began as an open shed but now operates from a 5,881 sqm store strategically situated among complementary establishments.
The business occupies an idyllic location in between complementary establishments. It benefits from its strategic location due to being exposed to a high traffic rate daily. The current premises are spacious, providing ample room for future growth and diversification of services with a negotiable lease.
The business is operated by a full-time owner-operator supported by four full-time staff members. Due to the simplicity of operations, there is no need for a large team size. A lean team of staff members is able to operate the business seamlessly to keep wage costs low.
The key to the business’s success is its excellent standing in the competitive market. It has become well-known in the area due to its excellent customer service, prompt product delivery, knowledgeable staff members and product availability.
To learn more about this exciting opportunity, contact us today! We would be glad to share more details with qualified purchasers.
Listing ID: ME02888
Broker: Walid Hijazi / Ken Bouchebli
Phone: 0421 379 497 / 0406 966 455
Email: walid.hijazi@linkbusiness.com.au / ken.bouchebli@linkbusiness.com.au
*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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