Retail – Engineering Supplies – Under Management

For Sale

·
Southern Highlands

Business Code: CB1472

$295,000
+ Estimated Stock (SAV) $170000
Key Features: Long established - Great location - Very strong local industry and trade support - Limited competition - Wide and diverse range of products.
State: NSW
Suburb: Mittagong
Location: Prime location in established light industrial area in bustling high growth Southern Highlands town.
Premises: Shared occupation in large 364 sq .mt. brick building with roller door and separate front entrance
Price not disclosed

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Pursue other interests.

Sale Reason

2004

Established

On site.

Parking

Manager + 1 casual (4 days) +1 casual (3 days).

Employees

5 days - Monday to Friday: 8.00 am to 4.00 pm.

Trading Hours

New lease available if required.

Lease

Retail business, under full management, specialising in the retailing of industrial supplies – The business has been established for 20 years and has strong links with the burgeoning local trades and manufacturing sector – The wide range of products available include welding supplies, a full suite of necessities for the operation of older and new engineering and mechanical equipment, tools, day to day items such as nuts, bolts, washers, drive belts and bearings – The supplies are arranged in a large display of updated chests, drawers, shelving and racks – An authorised agent for popular pressure washers – The business currently shares premises and is fully independent of, the vendor’s light manufacturing business, and can be easily relocated if desired – Computer software has been updated to Square and all items are bar-coded.

Features

Long established - Great location - Very strong local industry and trade support - Limited competition - Wide and diverse range of products.

Potential

Target social media - Opportunity to easily relocate if desired.

Comments

Misc.- 1 - Motor vehicle expenses - Misc.- 2 - Square fees -

Weekly Summary

Figures exclude GST

Weekly Takings
$18025
Cost of Goods
$9925
Gross Profit
$8100
Rent
$450
Wages
$3980
Telephone
$70
Insurance
$160
Electricity
$20
Misc 1
$95
Misc 2
$70
Total Expenses
$4845
Estimated Stock
(Additional)
$170000
Equipment
(Included)
$30000
Net Profit
$3255
Price
$295,000
+ Estimated Stock (SAV) $170000
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