Retail - Machinery and Equipment - Distribution - Under Management - Retail - Power tools & Equipment - Takings over $26,000 p.w. - Under Management - CB1507

Retail - Machinery and Equipment - Distribution - Under Management - South West NSW - Agent SBX Code Number: CB1507

Retail business, selling and servicing a wide range of well-known brands of farm and household power tools, equipment and accessories. The business has been established for over 40 years in this large thriving river-side town, and is virtually unopposed in its products and high reputation for service. The range of equipment available includes Greenworks battery powered tools, Husqvarna chainsaws, Ferris zero turn mowers, Aussie Smart pumps, Honda power equipment, Victa mowers and Red Gum log splitters. The business also sells and repairs bicycles, and enjoys strong inquiries and sales for Yamaha Golf carts from a wide area surrounding the town. The strong commitment to after sales servicing has created an enviable reputation for the business, and strongly suggests the buyer has some practical knowledge. The vendor advises freehold is available.

Potential
Ideal 2 partners - Continue to encourage advances in battery-powered equipment options.

Features
Long established - Minimal competition - Excellent product range - Strong product service record - Freehold available - Maintaining continuing contact with advances in alternative power sourced equipment.

Premises
Well kept premises of 300 sqm with large open plan showroom, workshop and a separate shed.

Location
Central location, with prominent street frontage in strong regional town in South West N.S.W. with a population of 5,600, and supplying services to the Riverina area.

Trading Hours
6 days - Monday to Friday 8.30 am to 5.00 pm. Saturday 8.30 am to 12.00 pm.

Lease
Vendor owns property - New lease available - Rent $420 plus gst pw - Term 5 + 5 years - CPI increases. - Bond 3 months.

Employees
1 owner + 1 Manager + 1 part timer + 1 admin.

Comments
Misc.- 1- Floor plan charges ($460) Advertising ($140) - Misc.- 2- MV expenses ($175) Computer expenses ($80) - Financials adjusted to show new buyer rent charge - It is suggested buyer has some practical mechanical knowledge.

Figures
Weekly Sales $26510
Rent (ex GST) $420
Wages $3120
Profit $5905

Agent SBX Code Number: CB1507 - SBX Business Brokers

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