Business ID: XB159359
Ave Profit to P/T Owner $280k+ For Sale $545,000 plus SAV
This business has been successfully nurtured by the current owners to achieve year-on-year profit and revenue growth over the 28 years of their ownership.
The business provides the widest range of hospitality and catering equipment in its region and is recognised as the place to go for quality, fair pricing and stock availability.
Included in its product set is an entire range of cleaning products that it has developed and manufactured itself.
The client base is extremely well established and there are two significant hotel developments approved for the area that should create many more sales opportunities for the business.
Operating only 9 am - 3 pm on Mondays to Fridays the business offers an excellent lifestyle and income.
- Large long-term client base
- World Heritage recognised region
- Significant residential and commercial developments underway
- Unique Products
- Short hours
- Experience long-term staff in place
- Could be run under management
The vendors are very keen to see the business transition successfully to new ownership. A 2-week handover will be included in the sale price of the business. A longer period could be provided, however, the owner feels this is unlikely to be needed as a result of the experience held by the staff.
This business has withstood the test of time and the pandemic when many businesses associated with hospitality withered on the vine.
The diverse product set, large customer base and solidity of the business allowed it to not only survive but continue to steadily grow and flourish.
A great opportunity for someone looking for a lifestyle, an idyllic coastal location and good income.
Asking Price: The Goodwill and Assets are for sale for $545,000. Stock will be charged separately and SAV is typically $350,000 but can vary subject to season and incoming and outgoing orders.
Property Code: 4126
