Summary
Busy workshop operating for nearly 40 years offering unique power tool repairs and retail sales with online store. Fully equipped workshop included as well as 5 computers and a 2015 HiLux Ute.
Revenue
$1,600,000 pa
Rent
$15,000 pa
Expenses
$1,300,000 pa
Net Profit
$300,000 pa
Location Details
The business has operated from the same location within 10km from Perth's CBD for nearly 40 years. Located in a row of shops including a coffee shop, tattoo parlour and upholster with ample parking available.
Potential
Currently the business is focused on the metal trade industry however there is unlimited potential to expand into other building and construction trades and the mining industry who also use power tools and require repairs.
There's an option to expand the products stocked for add-on sales with massive growth possible in 3M products including 3M medical supplies and 3M safety supplies.
Skills
If you have a technical power tool background with repair capabilities it would be advantageous however it's not necessary as you can employee staff to perform these roles.
The current owner is willing to stay on for up to 6 months to ensure a smooth transition and teach you the skills that you'll need to succeed.
Hours
Monday - Friday: 7am-4:30pm
Saturday 8am-12pm
Lease
Option to purchase the building additional to the sale of the business or negotiate a lease.
Employees
1 x owner operator working full time
3 x full time employees - power tool repair technician, store manager, sales rep
3 x part time/casual employees - spare parts, part time technician, bookkeeper
Reason for Sale
The owner is ready to retire
About the Business
Most of the revenue is driven by unique industrial power tool repairs to the metal trade industry, with very little competition. Additional revenue stream via add-on sales, the business stocks a range of 3M industrial products, welding accessories and power tools & accessories. There is also an online store which allows the business to sell Australia wide.
The business has a great reputation within the greater Perth community with a database of approximately 1000 customers with 250 currently active in the metal trade industry and a few mining companies. As mentioned in the potential there are a number of options to expand the services and products offered to grow this business further.
The workshop has 4 fully equipped workbenches with the necessary equipment needed to carry out the power tool repairs including forklift, testing equipment, press and general hand tools; pliers, spanners, screwdrivers. Included in the sale are 5 computers and 2015 Toyota HiLux Ute.
With long term, skilled employees in place the business is profitable and ready for you to walk in and start earning. Please submit an enquiry to speak with the owner about this lucrative business oppportunity.
History
Family owned and operated since the business was established in 1984 and with the current owner since 2007.
Connect with us