Phone enquiries - please quote property ID 35239.
Imagine a lifestyle where your daily commute to school, work, and leisure is just a quick 10-minute drive! The beautiful regional city of Mildura, nestled along the banks of the Murray River, invites you to turn this dream into a reality.
This thriving family-owned business boasts an impressive adjusted profit margin of 25% for the 2023/2024 period, presenting excellent growth potential. Currently, the team consists of three skilled technicians, including one Laundry Technician, and a second-year Refrigeration Apprentice and two fully qualified Refrigeration Mechanics; one being a partner in the business.
Their core services include kitchen and laundry repairs, split system installations, and the sale of refurbished white goods. Notably, the business has established commercial service agreements that account for 25% of its operations, which can be transfered to the new owner.
The business has primarily relied on word-of-mouth referrals along with social media campaigns, with a modest marketing budget of $900 for 2023/2024, evidence that there is ample opportunity for significant sales growth through increased marketing efforts across various platforms.
With a strong emphasis on customer satisfaction and a proactive approach to exploring new repair opportunities, the business has achieved an impressive revenue growth of 61% over the last five years.
Future expansion is on the horizon with plans to develop spare parts retail sales, enhance commercial sector repairs, and boost split system installations market share.
Despite overcoming a devastating fire in March 2022 that led to the loss of their original premises and everything in it, the business has demonstrated remarkable resilience and continues to thrive in its new location.
You have the option to either purchase the business WIWO and lease the current space or opt for freehold purchase.
Seize this fantastic opportunity today!
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