The Wood Guys one of the Tasmania’s largest retailers of premium Tasmanian timber, is on the market for the first time since its establishment in 2005. Source: Timberbiz
In the heart of Tasmania, a unique opportunity awaits those who dream of owning a piece of the island’s speciality retail market.
“Specialty timber is a valuable and finite resource. We currently have a huge stockpile of Tasmanian specialty timber, all sawn and air-dried, ready for use, which is now irreplaceable, given the recent changes in the industry,” said Holly Smillie, the current owner.
This stockpile not only secures a sustainable supply for years to come but also presents an enticing investment opportunity amidst the soaring prices of specialty timber.
The Wood Guys currently operates from two retail locations, with a prime showroom in Derwent Park and a smaller outlet in Devonport.
What sets The Wood Guys apart is not just the quality of their products but the versatility of the business model.
“The beauty of this business is you can do as much or as little as you like. It is the perfect husband wife business, with one doing the milling, machining, workshop work, while the other does the showroom-marketing side of things, or you could employ a manager and workshop staff and sit back, reaping the rewards,” Ms Smillie said.
The business not only caters to the local market but has also garnered attention on the mainland, with increasing demand for expansion.
For prospective buyers, the allure lies not only in the exquisite range of Tasmanian specialty timbers like Huon pine, sassafras, myrtle, celery top pine, blackwood, King Billy, and more but also in the beautiful handmade woodwork sourced from Tasmania’s finest craftspeople.
“We have completed many notable commissions – new kitchen for the CEO of Estee Lauder, a custom table for Harvey Norman, timber for the Emirates Wolgan Valley resort (Australia’s only 6-star resort), a commission for the Archbishop of Australia, and many more,” Ms Smillie said.
“The only reason we are selling is due to serious health issues. The business is growing at a rapid rate, and our health is impacting our ability to progress.”