$188,000 + SAV

ATTENTION TRADIES - Well Established & Profitable MINI BUNNINGS (Bolts, Nuts & Fasteners)

Short Summary

Tradies’ paradise – This business sells high quality industrial nuts, bolts, fasteners & many more top selling products with a lucrative margin

Key Selling Points

  • Cashflow Positive
  • Strong year to year Sales
  • Low Rent
  • Long Term Lease in place
  • High Profit Margins
  • Clean business
  • No Competition
  • Niche Industry
  • 80% Repeat Work
  • Best Location
  • Advance Sales and Orders in place

This business specialising in supplying high quality industrial nuts and bolts, custom fasteners, and other nonstandard parts to both small and large businesses as well as individual consumers throughout the Gold Coast and the Southern Brisbane districts.

The business was established long time ago and the present owner took over in August 2021 and has successfully offering the best products and serving its patrons with best service whilst enjoying years of profitable trading with a rewarding loyal clientele.

The owner wants to offload as he has a personal commitment overseas. Although he can hire additional staff to scale up the business and to expand its online presence for more income and profits, he opts not to given that he wants to offload and go overseas.

The business was recently relocated to the present address from nearby due to rental concern and the present rent is at a bargain of $5,500 per month inclusive supported by a long term lease and an out-stationed friendly landlord.

Weekly taking averaged $8000 (low $6,000 high $10,000) and net profit is around $3,000+ weekly based on the averaged GP of 63%.

This business is perfectly suitable for 188A Visa applicants or any person with tradesmen experience.

Asking $188,000 + SAV

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Ref. no. BUY2401

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    Property Features
    Henry Chow
    0421 040 857
    Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
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