Very Profitable Hardware Business- INVEST or Have a Role

NOTE – This business sale / investment is based in Central Victoria. Includes Freehold

This is your opportunity to purchase / invest in a successful Hardware business that has operated in Victorias 4th largest city for over a century.

Located in Central Victoria, 1 and a half hours drive from Melbourne, the sale represents a unique opportunity in that 2 of the current 3 owners are looking to exit the business for retirement, which presents the opportunity to purchase and hold a 66% equity. One working director will remain with the business.

The sale also includes the freehold which has an estimated market value of approximately $2million.

2014

Sales $10,473.614
Gross Profit $2,997.924
Profit @ 66% $1,050.000
Sale Price $4,000.000 (includes freehold, goodwill, all plant associated with the business and stock with an estimated total value of $2.7 Million. The sale will be on the basis of a WIWO

NOTE – It is important to highlight the profit displayed is calculated on the basis of the departing directors being replaced at market value rates.

The sale therefore represents an ideal opportunity for investors, or persons looking to take up an active role in the business.

There are 3 aspects of the business.
* Retail / Shop
* Wholesale
* Steel Yard

There is a considerable amount of development taking place in the city and surrounds which coupled with the loyal and long term client base, ensures the future of the business looks extremely bright.

Who is the business suited to!

* An investor local – interstate /OS
* Skills to take up an active role
* Related industry
* Supplier
* Partners

A detailed business profile is being prepared.

You will need to sign a confidentiality undertaking and be able to present your position to fund the purchase before any details are made available.

The sale is to include the business and freehold.

Contact me today to express your interest.

Peter Hurrell- peter@excelbbs.com.au – 0407 973 726
The businesses is listed exclusively with Excel Business Broking Services.

View our website for other business listings.
www.excelbbs.com.au

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