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