Retail - Engineering Supplies - Under Management - CB1472

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$295,000

Description

Retail business, under full management, specialising in the retailing of industrial supplies - The business has been established for 20 years and has strong links with the burgeoning local trades and manufacturing sector - The wide range of products available include welding supplies, a full suite of necessities for the operation of older and new engineering and mechanical equipment, tools, day to day items such as nuts, bolts, washers, drive belts and bearings - The supplies are arranged in a large display of updated chests, drawers, shelving and racks - An authorised agent for popular pressure washers - The business currently shares premises and is fully independent of, the vendor's light manufacturing business, and can be easily relocated if desired - Computer software has been updated to Square and all items are bar-coded.

Potential

Target social media - Opportunity to easily relocate if desired.

Features

Long established - Great location - Very strong local industry and trade support - Limited competition - Wide and diverse range of products.

Premises

Shared occupation in large 364 sq .mt. brick building with roller door and separate front entrance

Location

Prime location in established light industrial area in bustling high growth Southern Highlands town.

Trading Hours

5 days - Monday to Friday: 8.00 am to 4.00 pm.

Lease

New lease available if required.

Employees

Manager + 1 casual (4 days) +1 casual (3 days).

Comments

Misc.- 1 - Freight - Misc.- 2 - Square fees ($70), waste removal ($60).

SBX ID

CB1472

Figures
  • Takings: $24280/week (GST)
  • Cost of Goods: $17900
  • Gross Profit: $6380
  • Rent: $560
  • Wages: $3230
  • Telephone: $70
  • Insurance: $80
  • Electricity: $20
  • Misc 1: $225
  • Misc2: $130
  • Total Expenses: $4115
  • Nett Profit: $2265
  • Equipment (Included): $30000
  • Estimated Stock (Additional): $170000
  • All other values ex GST
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