WELL-ESTABLISHED WORKWEAR AND SAFETY BUSINESS IN KINGAROY
Step into a unique opportunity in 2024 with the acquisition of this long-standing workwear and safety business, operating in Kingaroy since 2001. With a solid reputation as the go-to supplier for workwear, safety goods, and equipment, this business is currently run under management but could also be ideal for an owner-operator seeking a change of pace in a relaxed country setting.
Key Highlights:
* Trusted Local Provider: With over 20 years of operation, the business has built a loyal customer base and is a well-known name in the community for quality products and reliable service.
* Diverse Product Range: From high-performance workwear to cutting-edge safety gear, the business caters to a wide range of industries. This diversity offers opportunities to meet current demand and expand further with a potential new product line or online sales strategy.
* Proven Profitability: In FY24, the business generated a net profit of approximately $52,273, with the shop open 4.5 days a week. The business has continued to show growth, with a net profit of $17,635 in Q1 of FY25, a 16% increase from the previous year. The vendor suggests that by opening an additional day each week, annual profits could reach $86,000 under management.
* Price Reduced to $149,000: To accelerate the sale, the asking price has been reduced from $199,000 to $149,000. This includes approximately $150,000 worth of stock and assets, making it a highly attractive investment.
* Opportunities for Growth: With a firm foundation in place, there are several opportunities to further grow the business, including extending shop hours, increasing online presence, and expanding into regional markets.
This is not just a chance to acquire a profitable business but also to embrace a lifestyle change in the scenic region of Kingaroy. Whether you're looking to escape the city hustle or expand your business portfolio, this workwear and safety business offers both financial stability and the allure of rural living.
Price: $149,000
For more details or to arrange a confidential discussion, contact us today.
