Location:
South Brisbane Bc 4101 > Brisbane - Greater > Queensland
Investment level:
$600,000
Type:
Business
Industry:
Commercial Services > Manufacturing, Wholesale & Distribution > Manufacturing Wholesale
This is an incredible opportunity to step into a booming industry, and you don't need to be a technical expert or know anything about the industry. Key Staff in place, and short hours and no Weekends.
$2,200,000 pa
$280,000 pa
As an add on the seller recently started buying and rather than just selling, he has started offering clients the option to rent. This while not making quick money, is a slow burn, andis starting to create passive income. He only has around 4 rental units, 7 more on order, and this will see a return of around 5 times the return on every unit, rather than just taking a couple of thousand profit on every unit for quick turnover. They also sell dry food stock to ONLY a hanful of the existing 100's of customers, and don't even market it.
Retirement
The seller has really spent a lot of time cleaning this business up and putting sytems in place so he can work less than five days a week, and only put in about 5-6 hours per day. He has made it way more streamline and easy to manage, so a new owner can come in and not have to struggle with learning a million things, and just focus on whats important. He can go away whenver he likes and only just recently spent two weeks in OS.
Hundreds of commercial clients rely on this buisness for differnet reasons, making it the go to in the industry, and building a huge moat around the turnover and profit of this business.
If you are looking for a busiiness that can be put under management, then this one is already well on its way. The seller has recently moved around 100km away to retire, and is committed to offering any buyer his full attention over the next 6-12 months for a smooth handover.
There is no retail aspect to this business, so it is fully relocatable and would work anywhere from the Goldie to the Sunny Coast. There is only a handful of clients that pop in from time to time to grab a few things, so if you were to move it, you only just need to let the customers know who have been in the Warehouse.
The seller is open to looking at offering some stock on consignment, as he took advantage of when he bought the business, but the stock level is not all that high anyway, at around $50k to $100k on average, and there is a few nice vans and other sundry plant and equipment approximatley valued at around $50k included in the price of the business.
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