Retail Business - Established 65 years and located in Hervey Bay.

Retail Business - Established 65 years and located in Hervey Bay.

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Preview Listing
Preview Listing
Preview Listing

Location Details :

Country

Australia

State

Queensland

City

--


Industry :
Home/Garden - Homewares/Hardware ; Import/Export/Wholesale - Wholesale ; Industrial/Manufacturing - Furniture/Timber ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

For sale for the first time in 65 years. This retail store situated in Hervey Bay is now on offer.

The business is a member of two Nationally recognised buyer groups and profits are increasing dramatically year on year. Operating in Hervey Bay with a population boom happening right now, with high profit returns.
This well-run and profitable business is very successful, driven by loyal relationships and long standing customers, suppliers and staff. In addition, this business has and will continue to benefit from large scale commercial projects that are turbo charging the local economy.

There is a proven model for consistent profit and growth for a new owner. Should a new owner want to run this business under management, it would be possible to appoint an experienced Manager and continue the ongoing success. There is also an opportunity to purchase the freehold
o Sales $3,245,348 (21/22)
o EBITDA $478,340 (21/22)

Sale Price: $835,000 plus stock approx $425,000

For a full Information Memorandum, click here to complete the confidentiality agreement - https://forms.gle/yCWxbzn8eC9LgYMp8

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Talk to Brokers that know business

Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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$835,000

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