SPECIALIST RETAIL - RUN UNDER MANAGEMENT

13 days ago

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Internal Ref: LF214

Summary

GREAT INVESTMENT OPPORTUNITY IN STRONG REGIONAL AREA

Location Details

Regional business run under management from Melbourne

About the Business

Absentee owners have excellent management staff in place

Long established (45 years) retailer of Furniture, Bedding, Electrical Appliances including Refrigeration, Cooking, Laundry, Television, Floor Care, Air Conditioning and Small Appliances. The business has an exceptional reputation for quality products and a high level of customer service.

• Turnover approximately $3 mil PA
• Fantastic cash flow
• Profit in excess of $210K as a fully managed investment
• Well trained staff in place

Prominently located in a large, well presented premises.

This business would be an ideal addition to your existing retail business investments or would be equally suitable to be run by hands-on partners or a family group.

ASKING PRICE $650,000 + SAV ($700,000)

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