SALES AND RENTALS OF CATERING EQUIPMENT

7 days ago

Location:
Sunshine Coast > Queensland

Investment level:
P.O.A

Type:
Business

Industry:
Retail > Specialty retail

Private Seller

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Summary

SALES AND RENTALS OF COMMERCIAL CATERING EQUIPMENT. BASED ON THE SUNSHINE COAST RECEIVE AN INCOME FROM DAY ONE FROM THE LONG TERM RENTALS ALREADY IN PLACE PLUS SALES OF NEW AND USED EQUIPMENT

Location Details

SUNSHINE COAST
PRIMARILY BASED ON THE SUNSHINE COAST, BUT SALES AND RENTALS CAN EXTEND THROUGHOUT QUEENSLANDAND BEYOND.

About the Business

BASED ON THE SUNSHINE COAST, THE BUSINESS CATERS TO THE HOSPITALITY INDUSTRY SUPPLYING ALL THEIR EQUIPMENT NEEDS WITH NEW AND USED ITEMS.
THE BUSINESS HAS 2 INCOME STREAMS BEING SALES AND RENTALS.
THE RENTALS COME FROM SHORT TERM CONTRACTS (WEEKEND HIRES) AS WELL AS LONG TERM ARRANGEMENTS WITH $40,000 WORTH OF EQUIPMENT PRESENTLY SITED AND RETURNING 8.5% PER MONTH RETURN ON YOUR INVESTMENT. AND THIS INCOME STARTS FROM THE FIRST DAY!.
THE SECOND INCOME STREAM COMES FROM THE SALE OF NEW AND USED EQUIPMENT WITH A GOOD RANGE OF QUALITY REFURBISHED STOCK ON HAND READY FOR IMMEDIATE SALE.
THE BUSINESS HAS BEEN OPERATING FOR ABOUT 30 YEARS AND UNDER THE CURRENT OWNERSHIP FOR THE PAST 15 YEARS AS A SOLE OPERATOR. IT IS ONLY THE SECOND TIME THAT IT HAS BEEN LISTED FOR SALE.
THE CURRENT CLIENT BASE CAN BE EXPANDED BY AN ENTHUSIASTIC AND MOTIVATED PERSON IN A HIGH GROWTH AREA AND BEYOND.
IT IS PRESENTLY BEING OPERATED FROM A HOME BASED OFFICE WITH A NEARBY SHED FOR THE STORAGE AND DISPLAY OF STOCK. RENT ON THE SHED IS $764 PER MONTH WITH NO OUTGOINGS APART FROM MINIMAL ELECTRICITY.
THE OWNER IS WANTING TO RETIRE AND IS WILLING TO STAY ON FOR A REASONABLE TRANSITION PERIOD TO OFFER TRAING AND ASSISTANCE.
THIS IS A GREAT OPPORTUNITY FOR SOMEONE TO TAKE ON A LONG ESTABLISHED BUSINESS WITH GREAT POTENTIAL AND WITH THE ADDED BONUS OF LIVING IN THE MUCH SOUGHT AFTER SUNSHINE COAST.
FULL DETAILS CAN BE PROVIDED TO SERIOUS BUYERS ON REQUEST.

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