This outstanding sound, theatre and entertainment business is being offered for sale to enable the vendor to enter in to semi retirement..
The profit for FY 2015 is in excess of $200.000, taking in to consideration the business is staffed by experienced, knowledgeable and long serving staff, which enables the owner to have a reduced role in the business, working only 20- 25 hours a week.
The business operates under a dealer agreement with one of the world’s best known and respected Electronic Companies, offering its customers a broad range of products, The business has a 20.000 + strong client base.
Products include theatre entertainment, superior sound, photographic and video needs, mobile music, tablets, video games and mobile phones.
2015
Sales $3,542.000
Gross Profit $821,230
Adjusted Net Profit $200.000+- Noting the current owner works only 25 Hours a week)
Sale Price $260,000 + SAV est $250.000
The business operates from an impressive retail outlet (initial investment and set up costs in excess of $500.000) in a medium size shopping centre in the SE approximately 30 minutes from the CBD
The current lease expires in March 2017 with a further option of another 7 years.
Rent is $13,250 PM including outgoings which is excellent when considering the businesses annual turnover.
Who is the business suited for!
Business Background
Retail Specialist
Partners- Husband & Wife- Family
Technology Minded
The purchaser can count on an efficient handover from the owner, assisted by the experienced and loyal employees and great support from the company, ensuring a smooth transition.
All systems and procedures are documented and in place.
The sale represents an perfect opportunity for a purchaser to come in to en extremely exciting industry that is forever changing and revolutionizing.
Call me today to express your interest and access a detailed business profile.
Peter Hurrell Excel Business Broking Services – 0407 973 726- peter@excelbbs.com.au
You will be required to sign a confidentiality undertaking before information is made available
NOTE- Photos are generic
The post Sound- Theatre & Entertainment For Sale appeared first on AIBB Sales Latest Business Listings.
Source: http://ift.tt/1M60av7
No comments:
Post a Comment