Summary
Well-known Hobart appliance sales & repair business. Approx. $120k–$130k owner earnings working 25 hrs/week. Strong repeat customer base & growth potential.
Revenue
$220,000 pa
Rent
$0 pa
Expenses
$90,000 pa
Net Profit
$130,000 pa
Location Details
26 LETITIA ST, NORTH HOBART
Potential
Well-established appliance reconditioning and retail business with strong local reputation and limited direct competition in Hobart. Significant growth potential through expanded trading hours, online sales, social media marketing, additional repair services and commercial appliance work. Strong demand for affordable and sustainable appliances continues to grow, with increasing consumer focus on reuse and recycling.
Skills
Current owner handles appliance testing, repairs, purchasing and sales. Basic mechanical and electrical knowledge beneficial but not essential for an owner-operator with handyman or technical aptitude. Systems already in place for sourcing, cleaning, repairs and sales. Could also suit a partnership or family-run operation.
Hours
Currently operated approximately 25 hours per week by owner, plus one staff assisting with cleaning and preparation.
Lease
Premises available by negotiation. Well-established location with workshop, storage and retail display area.
Employees
One staff member currently employed assisting with cleaning, preparation and general workshop duties. Delivery services currently subcontracted.
Reason for Sale
Owner pursuing other lifestyle and business opportunities after successfully establishing and growing the business.
About the Business
Second Cycle Appliances is a well-established Hobart business specialising in the reconditioning, repair and sale of quality second-hand appliances. The business has built a strong reputation for affordable products, honest service and sustainable practices, with consistent demand from repeat customers and online enquiries.
Operations include appliance sourcing, repairs, testing, cleaning, retail sales and delivery coordination. Systems are in place and the business is currently operated on flexible part-time hours, offering an excellent work-life balance for an owner-operator.
The business benefits from low competition locally and growing consumer demand for affordable and environmentally responsible alternatives to new appliances.
History
The business traces its origins back to 1975 and has an established presence within the Hobart appliance industry. Under current ownership, the business has been modernised and streamlined with a focus on reconditioning, sustainability and efficient operations.
Over recent years the business has developed strong word-of-mouth referrals, repeat customers and online marketplace exposure. Investment has been made into workshop systems, equipment, stock sourcing and business processes, creating a simple and proven operating model for a new owner
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