Summary
The Wood Guys is Tasmania's leading retailer of specialty timbers incl. Huon, sassafras, Blackwood, myrtle & more, specializing in furniture grade timber for joiners, hobbyists & everyone in between.
Revenue
$600,000 pa
Rent
$88,000 pa
Net Profit
$200,000 pa
Location Details
2 Lampton Ave
Located in the prime commercial area of Hobart, conveniently positioned next door to Carbatec, the woodworking tools and machinery franchise.
Potential
The demand for expansion is rapidly growing, with potential to open new outlets, not only in Tasmania, but also the mainland and overseas. Opening 7 days a week would also greatly increase turnover.
Hours
Currently operating Monday to Friday 9:30-5 and Saturdays 10-2
Lease
The showroom lease currently has 1 year remaining + 5 years ($54000pa), the warehouse is month by month ($34000pa)
Employees
The owners currently operate the showroom and workshop with 1 contractor working part time in the workshop doing joinery and timber prep.
Reason for Sale
Only selling due to health issues
About the Business
Would you like to get your hands on a unique and special piece of Tasmania before it’s too late?
Well now is your chance!
Due to health reasons, The Wood Guys is up for sale for the first time since its foundation in 2005.
As one of Tasmania’s largest retailers of premium Tasmanian specialty timber, there is great opportunity for production and revenue growth in an already profitable and growing business, utilizing existing stocks with expansion, not only locally but into mainland and overseas markets.
Not only do The Wood Guys offer a full range on Tasmanian specialty minor species timbers, like Huon Pine, Sassafras, Myrtle, Celery Top Pine, Blackwood, King Billy and many more, they also stock a beautiful range of handmade woodwork from some of Tasmania’s finest craftspeople.
The Wood Guys currently have two retail locations in Tasmania, with increasing demand for expansion on the mainland.
The main showroom is in a prime location in Derwent Park, perfectly located amongst the bustling retail and industrial area of Hobart, with another small outlet in Devonport - the gateway to Tasmania.
Imagine working with Tasmania’s finest timber and expanding all over Australia, or even the world! It’s all possible and now is your chance, before it’s all gone.
In addition to the sale of the showroom including shop stock, there is a huge amount of dry sawn timber in storage, which can be negotiated.
Get in touch today for more information and to arrange an inspection.
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