Business ID: XB151438
An unmissable investment opportunity with retail stores located throughout Central and Western Victoria
Established for over 40 years, this retail business has grown from a single store to a network of eight successful retail outlets across Central and Western Victoria. Renowned for its vast range of camping, fishing, and outdoor equipment, the business has become a trusted name among outdoor enthusiasts.
Key Highlights:
- Consistent Revenue: Averaging $14.1 million in annual sales over the past 4 years.
- Strong Profit Margins: EBITDA averaging $0.8 million annually, with gross profit margins improving from 29.5% in 2021 to 40.8% in 2024.
- Loyal Customer Base: Deep community ties and repeat customers ensure steady revenue.
- Extensive Inventory: Over 10,400 SKUs across diverse product categories, with total stock valued at $6.5 million.
- Minimal Competition: Operating in underserved regional markets with limited direct competitors.
Business Strengths:
- 40+ Years of Reputation: A trusted brand in outdoor retail with strong community relationships.
- Scalable Operations: Well-established systems and processes ready for expansion.
- Strong Supplier Network: Reliable sourcing from 12-15 main suppliers, both local and international.
- Diverse Revenue Streams: In addition to retail, the business offers equipment hire services and has opportunities for growth in e-commerce and branded product lines.
Current owners are ready to scale back from business as part of a retirement plan but are committed to a smooth transition of the business to a new owner.
With strong financial performance, loyal customers, and significant growth potential, this business offers an unparalleled opportunity to own a profitable and reputable business in a thriving sector. Don't miss this chance to own a piece of Australia's outdoor retail heritage!
Asking Price: $8,500,000 inclusive of Plant, Equipment, & Motor Vehicles and approx. $6,500,000 Stock at Value (SAV)
Property Code: 4275
