- Extraordinary Business Supplying Unique Niche Market
- Gold Coast
- $1,300,000 + SAV
- ID2171
- Revenue$4,441,512
- Net Profit$646,888
- Stock At Value$320,000
- IndustryImport/Wholesale/Distribution
Summary:
Big profits over many years in all types of economic cycles makes this a very good business. Established 34 years. High profile location with exposure to busy main road.
Potential:
Settle in learn the ropes and then expand by organic growth.
Skills:
Most people employed can pick up the processes inside of 3 months so we know new owners could do the same. Ideally an understanding of warehousing and administration.
Hours:
Monday – Friday 7am until 5pm.
Saturday – 8am until 3pm.
Lease:
New 15 year lease just signed. Rent $135,000 p.a. plus outgoings.
Freehold an option to purchase at current market price.
Employees:
3 fulltime, 2 permanent part time and 4 casual staff support the two owners. One owner is in the warehouse and one owner in the office.
Reason For Sale:
Both owners have young families and want to spend the time with the children. A lifestyle change.
More About The Business:
A warehouse style business in the retail space where no one touches the customers other than the team. So even deliveries are done by the staff or owners so everything is handled by the team. Stock can be sourced from all over Australia but is concentrated on the East Coast.
The variety of stock held accommodates customers’ needs so that they can make a cash and carry purchase as opposed to waiting for stock on order to come in and then be delivered. No delays in todays “I need it now society” gives this business a massive advantage.
Customers love this business so it’s no surprise that each year sales and profits increase in almost every economic cycle. It is run by a two person team with dedicated support staff. In today’s society of wanting everything now, this business delivers in spades with stock sold off the shelves and this is a terrific competitive advantage. On top of this they are known for the value they offer. No wonder they serve over a 100 customers every day or over 30,000 each year. Be part of this very unique opportunity.
On top of this it’s a one stop shop so customers come and get everything they need in the one location including adhesives, tools and flooring products. Not aligned to any development activity it services the handyman, weekend renovator and the small hardworking trades’ person.
It’s currently recording some of its best ever months for sales.
For the full story enquire today.
History:
Secure your future today by investing in this long established business showing very high returns and has done for over 30 years.
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