
BUSINESS SOLD – Similar Businesses Wanted
Operating successfully under the same ownership for 30 years (founder) the Vendor has decided to offer for sale the tool division which is part of a bigger business dealing in unrelated product.
This presents a perfect opportunity for a small investor to purchase a solid business and with their input grow the business as the owner spends less than 10 hours a week on the business.
It could also present an ideal opportunity for an existing business to absorb the operation in to its current infrastructure benefiting from the long term relationships with both customers and suppliers (some with exclusivity)
CONSIDER THIS!
- 3 Decades of trading / success
- Monday to Friday
- Currently minimal owner hours
- Great Cashflow
- Easily relocated
Sales over the past 3 years have averaged around $1mill and the business carries approximately $180.000 in stock.
The vendor will retain the current premise with the intention of growing the other aspects of the business giving the purchaser the ability to relocate the business to a location convenient to them.
Location is not important as it is a wholesale business with most orders delivered by carriers directly to retail stores.
It is envisaged the business at its current level would require approximately 130 Sq meters of warehouse / office space.
The net profit to a full time working owner is in the region of $211.000 PA.
Inquire today as businesses with this level of history coupled with many exclusive supplier rights will be snapped up quickly.
Business profile now available.
NOTE -Photos are Generic
Contact Peter Hurrell
0407 973 726 – peter@excelbbs.com.au
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Ref No:
Ref PH131J
State:
VIC.
Location:
South East -Easily relocated
Category:
Import / Distribution
Business Consultant:
Peter Hurrell
Sales:
$949.607
Gross Profit:
$394,682
Net Profit:
$211,998
Price:
$600.000 inc Stock