Iconic Marine Chandlery Business - Hobart, Tasmania

26 days ago

Private Seller

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Summary

Peter Johnston Ship Chandlers. Established 1964 with loyal customer base. Established website with huge growth potential. Strong social media following and large customer database

Revenue

$2,000,000 pa

Rent

$130,000 pa

Expenses

$600,000 pa

Net Profit

$200,000 pa

Location Details

21 Morrison Street, Hobart
Located in the heart of Hobart's waterfront district

Potential

Growth opportunity in both commercial and particularly online sales, which currently only account for less than 5% of turnover. Our website only currently carries a selection of our clothing brands and none of our general chandlery items, so just changing this would present a big growth opportunity.

Skills

Would suit anyone with good people / sales skills. Knowledge of yachts / boats helpful but not fundamental.

Hours

8.30 to 5.30 Monday - Friday
9.00 to 2.00 Saturday

Lease

Ongoing rolling lease

Employees

1 x permanent part-time
3 x casual
1 x owner

Reason for Sale

We currently own 3 businesses and are looking to slow down a bit as we approach retirement

About the Business

PJ's has been a part of the Hobart waterfront since 1964. Right in the thick of the Sydney-Hobart, Wooden Boat Festival, Dark MoFo and more. The business supplies clothing, footwear, ropes & cordage, safety equipment, general chandlery items and more to the recreational and commercial boating sectors. It is the largest chandlery in Hobart, with a proven track record and a strong brand recognition, both locally and nationally.

History

Founded in 1964 and run for 50 years by the Johnston family. Owned since 2014 by the current owners.

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