The current owner simply manages the business with no hands on role. The 2015 adjusted net profit to the owner is over 40% of the asking price. The business only trades Monday to Friday 7am to 5pm. The business sale includes an extensive list of assets. The sale will include all work in progress currently over $1M – great for cash flow. An extensive long term lease is on offer or the freehold property is available for $1.3M (offers 8.2% yield) It is very rare to find such a quality, reputable, consistent and stable business that is still in growth. The home improvement industry is thriving and this business has exceptional cash flow (low working capital required) due to deposits and progress payments. If you are interested in finding out more about this quality opportunity, please go to merchantbrokers.com.au simply register as a buyer on our system and you will get a business summary no confidentiality agreement required.
