Retail – Machinery and Equipment – Distribution – Under Management

For Sale

·
South West NSW

Business Code: CB1507

$325,000
+ Estimated Stock (SAV) $325000
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. - Price includes stock of $325,000.
State: NSW
Suburb: Narrandera
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.
Premises: Well kept premises of 300 sqm with large open plan showroom, workshop and a separate shed.

Time to retire.

Sale Reason

1985

Established

On site and on street.

Parking

1 owner + 1 Manager + 1 part timer + 1 admin.

Employees

6 days - Monday to Friday: 8.30 a.m to 5.00 p.m. Saturday: 8.30 a.m to 12.00 p.m.

Trading Hours

Vendor owns property - New lease available - Rent $420 plus gst pw - Term 5 + 5 years - CPI increases. - Bond 3 months.

Lease

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. – Price includes stock valued at $325,000.

Features

Long established - Minimal competition - Excellent product range - Strong product service record - Freehold available - Maintaining continuing contact with advances in alternative power sourced equipment. - Price includes stock of $325,000.

Potential

Ideal 2 partners - Continue to encourage advances in battery-powered equipment options.

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.

Weekly Summary

Figures exclude GST

Weekly Takings
$26510
Cost of Goods
$15640
Gross Profit
$10870
Rent
$420
Wages
$3120
Telephone
$30
Insurance
$460
Electricity
$40
Misc 1
$600
Misc 2
$255
Total Expenses
$4965
Estimated Stock
(Additional)
$325000
Equipment
(Included)
$30000
Net Profit
$5905
Price
$325,000
+ Estimated Stock (SAV) $325000
Price
$325,000
+ Estimated Stock (SAV) $325000
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