Handles, Locks and Door Hardware Business For Sale #5158RE

Homeware/Hardware Homewares/Hardware Security

This lock, handle and hardware business is highly profitable. It is one of Brisbane’s leading supplier of kitchen handles, door handles, cabinet handles, window locks, window fittings, locks, entrance door pull handles, door stops, hinges, sliding door handles, dead bolts and much more. Their range includes budget handles through to high end Italian handles as well as a selection of commercial locks, handles and architectural hardware.

Long established business trading since 2005, with a large database of existing and new customers. The online side of the business has been growing significantly, with sales generated in excess of 50% of total sales and growing.

* Significant increase in sales has resulted from an active online presence
* Covid has had no negative impact on the business
* Excellent online trading platform
* Net return to a working owner, in excess of $230K
* Currently the shop front is only open 5 days. Opportunity for weekend trading
* Rent only $768 per week
* Lease until August 2021 with opportunities for extended lease terms
* Outstanding location in busy retail area
* Simple and easy to run
* Perfect family business

This is the first time this business has been offered for sale since opening in 2005. This is a strong and growing retail business operating in a solid market niche.

Very well priced for a business offering significant future opportunities.

Price $230,000 + SAV (approximately $100,000)

To find out more information about this business, please complete the confidentiality agreement quoting reference number: 5158RE

Broker: Hugo Martin| E: hugo @absbrisbane.com | P: 0411 617 140

Head Office | P: 07 3368 4010| E: [email protected]

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