Visit this listing at https://www.sbx.com.au/business?id=CB1507

Business Code: CB1507

Key Features: Retail - Power tools & Equipment - Takings over $26,000 p.w. - Under Management

State: NSW

Suburb: Narrandera, 2700

Location: Central location, with prominent street frontage in strong regional town in South West N.S.W. with a population of 5,600, and supplying services to the Riverina area.

Description

Retail business, selling and servicing a wide range of well-known brands of farm and household power tools, equipment and accessories. The business has been established for over 40 years in this large thriving river-side town, and is virtually unopposed in its products and high reputation for service. The range of equipment available includes Greenworks battery powered tools, Husqvarna chainsaws, Ferris zero turn mowers, Aussie Smart pumps, Honda power equipment, Victa mowers and Red Gum log splitters. The business also sells and repairs bicycles, and enjoys strong inquiries and sales for Yamaha Golf carts from a wide area surrounding the town. The strong commitment to after sales servicing has created an enviable reputation for the business, and strongly suggests the buyer has some practical knowledge. The vendor advises freehold is available.

Summary

  • Features: Long established - Minimal competition - Excellent product range - Strong product service record - Freehold available - Maintaining continuing contact with advances in alternative power sourced equipment.
  • Potential: Ideal 2 partners - Continue to encourage advances in battery-powered equipment options.
  • Premises: Well kept premises of 300 sqm with large open plan showroom, workshop and a separate shed.
  • Trading Hours: 6 days - Monday to Friday: 8.30 am to 5.00 pm. Saturday: 8.30 am to 12.00 pm.
  • Lease: Vendor owns property - New lease available - Rent $420 plus gst pw - Term 5 + 5 years - CPI increases. - Bond 3 months.
  • Employees: 1 owner + 1 Manager + 1 part timer + 1 admin.
  • Sale Reason: Time to retire.
  • Comments: Misc.- 1- Floor plan charges ($460) Advertising ($140) - Misc.- 2- MV expenses ($175) Computer expenses ($80) - Financials adjusted to show new buyer rent charge - It is suggested buyer has some practical mechanical knowledge.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$26,510

Cost of Goods

$15,640

Gross Profit

$10,870

Rent

$420

Wages

$3,120

Outgoings

$40

Telephone

$30

Insurance

$460

Electricity

$40

Misc1

$600

Misc2

$255

Total Expenses

$4,965

Estimated Stock (Additional)

$350,000

Equipment (Included)

$30,000

Net Profit

$5,905

Price

$250,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Machinery and Equipment - Distribution - Under Management

Business Code: CB1507
Price: $250,000
+ Estimated Stock (SAV) $350,000

Key Features: Retail - Power tools & Equipment - Takings over $26,000 p.w. - Under Management

State: NSW

Suburb: Narrandera, 2700

Location: Central location, with prominent street frontage in strong regional town in South West N.S.W. with a population of 5,600, and supplying services to the Riverina area.

Business Overview

Retail business, selling and servicing a wide range of well-known brands of farm and household power tools, equipment and accessories. The business has been established for over 40 years in this large thriving river-side town, and is virtually unopposed in its products and high reputation for service. The range of equipment available includes Greenworks battery powered tools, Husqvarna chainsaws, Ferris zero turn mowers, Aussie Smart pumps, Honda power equipment, Victa mowers and Red Gum log splitters. The business also sells and repairs bicycles, and enjoys strong inquiries and sales for Yamaha Golf carts from a wide area surrounding the town. The strong commitment to after sales servicing has created an enviable reputation for the business, and strongly suggests the buyer has some practical knowledge. The vendor advises freehold is available.

Summary

  • Key Features: Long established - Minimal competition - Excellent product range - Strong product service record - Freehold available - Maintaining continuing contact with advances in alternative power sourced equipment.
  • Potential: Ideal 2 partners - Continue to encourage advances in battery-powered equipment options.
  • Premises: Well kept premises of 300 sqm with large open plan showroom, workshop and a separate shed.
  • Trading Hours: 6 days - Monday to Friday: 8.30 am to 5.00 pm. Saturday: 8.30 am to 12.00 pm.
  • Lease: Vendor owns property - New lease available - Rent $420 plus gst pw - Term 5 + 5 years - CPI increases. - Bond 3 months.
  • Employees: 1 owner + 1 Manager + 1 part timer + 1 admin.
  • Sale Reason: Time to retire.
  • Comments: Misc.- 1- Floor plan charges ($460) Advertising ($140) - Misc.- 2- MV expenses ($175) Computer expenses ($80) - Financials adjusted to show new buyer rent charge - It is suggested buyer has some practical mechanical knowledge.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures exclude GST

Weekly Takings

$26,510

Cost of Goods

$15,640

Gross Profit

$10,870

Rent

$420

Wages

$3,120

Outgoings

$40

Telephone

$30

Insurance

$460

Electricity

$40

Misc1

$600

Misc2

$255

Total Expenses

$4,965

Estimated Stock (Additional)

$350,000

Equipment (Included)

$30,000

Net Profit

$5,905

Price

$250,000
+ Estimated Stock (SAV) $350,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.