Building Innovation Centre

Business Details

It's becoming harder to find profitable businesses that have niche markets that can grow under management. The Building Innovation Centre is one such business.
Profitable - In the 2016/17 financial year, the business generated $211,101 in profits, with sales exceeding $2,600,000.
Niche - Exclusive supply agreements are in place, which ensures there is limited direct competition.
Growth -  It's predicted that construction in the Canberra region is going to continue its multi-billion level of activity in the medium- to long-term.
Under-management - The current owner is based in Wagga and successfully manages the business remotely.
You don't need to have a background in retail or construction to own and profit from this business. An in-depth hand-over can be provided as part of the sale, and there is local and motivated staff in place to run the business.
The operation requires around $300,000 in stock to maintain its high-level of profit, a range of products, and quickness of delivery for long-term customers.
The primary customer for this business is building businesses located in the Canberra region, with approx 300 repeat customers.
To find out more, please contact Frank Walmsley on 0400446605 or email interest to sales@capitalcommercial.com.au.

Financial Snapshot

Reporting Period 2017 Weekly Average 2016 Weekly Average 2015 Weekly Average
Rent $75,640.00 $1,454.62 $199,824.00$3,842.77 $0.00 $0.00
Gross Profit $656,902.00 $12,632.73 $610,962.00$11,749.27 $0.00 $0.00
Sales $2,798,511.00 $53,817.52 $1,819,298.00$34,986.50 $0.00 $0.00
Wages and salary $200,751.00 $3,860.60 $183,541.00$3,529.63 $0.00 $0.00

Business Summary

Canberra, Australian Capital Territory
Building and Construction.

The lease for the premise has expired:

  •  Lease commenced on: 1 September 2014
  •  Lease expired on: 31 August 2017
  •  Term of the lease: 3 years
  •  Option: 3 years further option
  •  Bank guarantee: An amount equal to 3 month’s Rent (plus GST) as at the Commencement Date, being initially $20, 493.60 (inclusive of GST)
  •  Base rent: $81,974.40 (including GST) per annum
  •  Monthly rent: $6303.35 excluding GST
  •  Outgoings: Electricity only
  •  Annual increases: CPI
  •  Public risk insurance: $10 million
  •  650m2 warehouse and 450m2 of yard area concreted
Employees consist of: 1 Owner/Director 1 Branch Manager 1 Sales Coordinator 1 Accountant 1 Logistic Truck Driver
Monday to Thursday from 7:00am to 4:30pm, Friday from 7:00am to 4:00pm
Under management

Enquire Now

Sales Summary

Sale Status : Under Offer

Sale Method : Private Treaty

Investment Amount : $350,000 + SAV

Stock at Value : $300,000.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au