Summary
$195,000 + SAV. Import / Wholesaler of specialist electrical lamps and bulbs. Based in prime location on the Central Coast, NSW. Freehold available.
Location Details
Large prime site opposite train station.
Potential
Marketing, website
Hours
Monday to Friday: 8:30 - 4:30
Lease
New Lease or freehold available
Employees
2
Reason for Sale
Owner retiring
About the Business
Import and wholesale of Electrical lamps and bulbs. Central Coast NSW
Trading since 1968 this quality business is a specialist importer and wholesaler of electrical lamps and bulbs for many applications. It is a family owned and operated company with offices and a warehouse situated in the heart of Wyong, Central Coast NSW.
Moving from Sydney to the Central Coast in 2000, the business has a reputation for quality and enjoys recognition as a leading supplier of cost effective miniature and specialty lamps to all sections of the industry.
The company provides the following products to the retail, automotive, medical, marine and civil industries: Telephone Indicator Lamps, Miniature Lamps, Indicator Lamps, Halogen Lamps, Appliance Lamps, Sub-Miniature Lamps, Neon Lamps, Panel Indicator LED Lamps, Festoon Lamps, Minibase & Twistlock, Auto Lamps, Marine Navigation Lamps, Pilot Lamps, Fluorescent Lamps, Glass Fuses and Fuse Holders, Multi Directional LED Lamps, Lamp Sockets and Accessories .
The success of this business is due to its unique position in the market as an importer. This has allowed the company to make the maximum profit margin on its products by cutting out the middle man and being able to offer their wholesale customers a good price. Being the importer has allowed the vendor to travel the globe.
With the vendor being semi retired and wishing to transition into full retirement, the business is run by family members, making this a great opportunity for another family to take over.
Operated out of a large premises in Wyong on the Central Coast, a long Lease is available or the opportunity to purchase the freehold is available as it is also owned by our vendor.
Stock is currently $500,000 with favourable terms being offered.
For an extensive Information Memorandum, together with Tax figures, please contact Argyle Estates Business Brokers.
EXCLUSIVE AGENTS
Argyle Estates Business Brokers prides itself in only dealing with quality businesses with Accountants figures
History
Est 1968
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