Summary
With very rainy weather in Queensland causing signficant demand, now is the perfect time to acquire this easy-to-run retailer and repair centre experiencing a consistent inflow of customers
Revenue
$2,500,000 pa
Potential
• New product lines coming on stream
• Weather conditions forecast an increase in demand for tools and mowers
• Increased use of tools requires more frequent servicing
• Well recognised mechanical service offereing ensures ongoing relationships with customers
• Well leveraged to Greater Business economic growth and population boom
• Ability to finance part of purchase value of P&E and stock (via trade finance)
Skills
This business will appeal to either an owner-operator or an investor seeking an easy business to run under management. Owner of investor will experience positive returns
Employees
Operated by the husband-and-wife team with assistance from experienced full time and part time staff.
Reason for Sale
Owners want to retire
About the Business
• Located in Greater Brisbane
• Business is attached to a popular and well respected brand name
• FY23 Revenue $2.5m
• FY23 PEBITDA $503k
• FY23 Stock $287k
• Very small amount of aged stock
• Strong customer relations with loyal clients
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