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DealProspect/Listings/Retail

Tile & Renovation Showroom, Kingswood

General Retail

ActiveRetailNew South WalesB2B & B2C
Asking price
$699,000+
Disclosed · AUD
Revenue
$1,473,000
TTM
Profit
$200,000
Implied multiple
3.5×
asking / earnings
Brief
  • Tile and renovation retail showroom servicing homeowners, builders, tilers and trade professionals
  • Revenue exceeding $1.4 million annually, up more than 20% year-on-year
  • Adjusted profits exceeding $200,000, up more than 30% year-on-year
  • 350 sqm showroom plus outdoor display space on approx. 1,500 sqm site with 9 car parks
  • Established relationships with builders, designers and developers
  • 2 years plus 1 x 5-year option, rent $128,000 p.a.