Summary
Unlock a golden opportunity with this lucrative, diverse, and dependable South West Machinery, Hardware & Outdoor Equipment business.
Net Profit
$432,000 pa
Location Details
SOUTH WEST WA
Excellent main street location in a prosperous town and region with a stable and well-off population.
Potential
With its prime location, well-established trading names, diversified offering, comprehensive product range and maintenance and backup services, this business presents a compelling investment opportunity for a buyer seeking a business with a strong foundation and significant potential to explore new avenues for expansion and profitability.
Skills
Loyal, experienced staff are in place with the current owner providing the new owner with peace of mind by being willing to stay on as an employee.
Reason for Sale
After 70 years of this family business the current owners have reached retirement age and looking to hand the batton to a new owner.
About the Business
https://www.pbsbusiness.com.au/
Five-year Average Net Profit $430,000
IMMEDIATE EXPANSION AWAITS - While it derives a predictable and steady revenue of around $2.5 - $2.8 million a year, and has done for some years, it still holds considerable potential for expansion, through adding a “click-and-collect” function to its Website – a relatively simple process since all the major products it sells are already catalogued and illustrated.
A CLICK-AND-COLLECT system will open up the client base to a state and national customer base and who knows what the turnover could reach.
The current owners have reduced the stock holding to disperse of slow-moving and obsolete items, providing the new owner with tangible, saleable stock.
There is a level of comfort to the new owner with the current proprietor willing to stay on as an employee to ensure a SMOOTH TRANSITION.
A 70-year history of trading successfully through every economic headwind to have hit the country since the 1950s – a testament to the ongoing market demand for its products and services and the inherent strength of this business.
Offers a very diverse range of products and services, ensuring sustained sales across multiple revenue streams.
A loyal customer base of over 13,000 relies on this business for its diverse needs, and its loyalty is evident in the fact that 95 per cent of sales are to returning clients.
An exclusive range of outdoor and machinery lines provides a marketing edge and positions the business as a respected leader in its field.
The business prides itself on being a one-stop-shop for hardware, engineering supplies and power equipment, ensuring that customers have access to the latest equipment and tools required for industrial, residential and commercial applications.
With its prime location, well-established trading names, diversified offering, comprehensive product range and maintenance and backup services, this business presents a compelling investment opportunity for a buyer seeking a business with a strong foundation and significant potential to explore new avenues for expansion and profitability.
Additionally, many of the products sold require regular servicing, which encourages new customers and locals moving to the area to contribute quickly to the growing repeat customer base.
This winning combination makes it an attractive opportunity for any buyer looking to enter the hardware and equipment market with a strong foundation for success.
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