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Listing Id: 34066 Last Refreshed: 07/11/2024 Total Views: 12 Broker Ref: 22841

Thriving Wholesale Tile Business - Profit $446,565 2024FY - SEQ

Brisbane, QueenslandImport and Export
Asking Price: $1,350,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

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Description

This well-established importing business, based in Southeast Queensland, has built a strong reputation as a leading tile importer and wholesaler, specializing in the supply of high-quality tiles to retail businesses across both Queensland and New South Wales.

This business began over 30 years ago from humble beginnings and has since grown into a highly successful operation, generating approximately $5 million in annual sales. The business proudly offers over 1,000 lines of porcelain tiles and accessories, catering to a wide range of retail and commercial clients.

The current owners are seeking to exit the business for retirement, presenting a unique opportunity for prospective buyers. Both the business and freehold property are available for purchase, making this an ideal investment for those looking to acquire a thriving business with a solid foundation. The sale price of $1.25 million (including stock) offers exceptional value, with the inventory alone worth more than the asking price.

Located in a vibrant commercial area of Southeast Queensland, buyers have the flexibility to either lease the existing office and warehouse premises from the vendor or purchase the freehold outright, depending on their preferences and long-term plans.

This is a rare chance to acquire a thriving wholesale tile business at a price below the actual value of its stock holding an opportunity not to be missed!

Sale Price $1,350,000 WIWO
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