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UNDER CONTRACT - Plumbing Supply Store SEQ, $750k Profit, Management Team

UNDER CONTRACT - Plumbing Supply Store SEQ, $750k Profit, Management Team

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Location Details :

Country

Australia

State

Queensland

City

Brisbane


Industry :
Industrial/Manufacturing
Sub Industry :
Building and Construction

Run under management, established 30 years, this business is a leading independent building products supplier in Queensland in the profitable plumbing category.
The business was established around 30 years ago and has developed a loyal customer base and an extensive range of products at competitive pricing. It provides a full range of building supplies within its category, including its own range of imported products.

The business operates from a well presented premises providing a showroom, warehouse and trade sales areas. Its location provides easy access from Brisbane, Ipswich, Redland Shire and the Gold Coast.

The business has revenues in excess of $6 million per annum and operates an efficient team to deliver high quality and reliable service. The average profit margins are in excess of 32%, which has created an extremely profitable and rewarding enterprise for its owners.

Business Highlights:
2023 Forecast $6,532,132
2023 EBITDA Forecast $758,402
Experienced General Manager in place
9 employees plus part-time owners
Flexible lease arrangement available

After 30 years in the business, the owners are now ready to take a step back and enjoy the fruits of their labour. This provides an exciting opportunity for the next owner to continue and build on this highly successful business.

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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. 

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$995,000

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