Business to Business WS owner retiring (SOLD)

Industry: Import/Wholesale
Price: SOLD
Net Profit $ p/a: $178,276
Age of Business: 10 Years+
Days per week: 5 Monday - Friday
Goodwill: $230,000
Stock: $300,000 (approximately)
Plant & Equipment: $15,000
ROI: 33%
Description:

Net Profit $178,276 12 months 2016

Net Profit $164,910 8 months 2017

This 10-year-old import/wholesale business has continued to show growth in turnover and net profits each year with this current financial year also up on the same period last year.

Located North of the River, it has only one staff member and is easy to run with a simple product range in displays and signage that can be easily learned. The owner has set the business up in a systemised and structured manner making it ready for a new owner to walk in and continue as he himself moves into his retirement.

With approximately $300,000 of stock included in the sale price this business is ready to walk in and take over.

Highlights:-

  • 10 year old family owned and operated business
  • 100% Australian owner and operated
  • Owner retiring
  • Increase in turnover and profits each year
  • 8 Month net for current year $164,910
  • High tangible stock value included in the price
  • Full database of clients
  • 90% of clients WA based
  • Only 1 staff member required
  • Well organised and structured
  • Easy standard product lines
  • No custom designs or sizes
  • Constantly growing
  • Monday – Friday, no weekend work
  • Closes over Christmas
  • No experience or product knowledge required
  • An inexperienced owner can be fully up to speed within 4-6 weeks
  • Owner will provide full training at handover
  • Not location sensitive so can be relocated
  • Neat and well presented business
  • Simple products

For sale all inclusive $595,000 $545,000(includes $315,000 of stock and P&E)

Reference #: 1058
Contact: Helen Sharman
Email: enquire now
   
   
   

Categories

 Get a free consultation

257free-consultation

Newsletter Signup

Enter your Email to join our mailing list


Captcha image
Enter Code:


Unsubscribe