Lending Business For Sale

This fantastic Service Business is being offered for sale in Gold Coast region – Queensland

The business operates in 3 allocated territories, providing a service for customers to rent a huge variety of furniture, home wares and a vast arrangement of electrical items.

Part of a franchise, there are 9, 8 and 6 years remaining in the respective territories.

The owner dedicates only 20 hours a week to the business, there is a full time person managing the majority of the requirements of the business and a part time administration person working approx 20 hours a week.

Total income in the last financial year was in excess of $360.000 to support the businesses growth, the average for the first 2 months of the current financial years is in excess of $38.000

Astonishingly there is in excess of $900.000 in book value (contracts) for the next 24 months and this is constantly growing and it is anticipated it will be considerably more before YOU step in to the business..

The business model is excellent and processes and procedures are well documented. The vendor will be flexible with handover.

The business would be ideal for a couple or family, with the ability to drive the business as the current growth is a result of a modest marketing budget and small time commitment.

A person operating a retail business in the area of supply would also be in a great position to grow the business.

Selling Price $800.000 inclusive of the 3 territories, client base, future income from current contracts)

I envisage this business will sell fast.
Contact me today to express your interest.
Peter Hurrell- 0407 973 726 – peter@excelbbs.com.au
NOTE- A business profile is currently being prepared.
View our other businesses- www.excelbbs.com.au

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