Retail - Tools - TQM1040

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$695,000

Description

Retail tool supplies outlet selling major brand names that can be trusted including Makita, Senco, Metabo, Sheffield and many more. - Also sells compressors, pressure cleaners, generators, huge display of power tools, spanners, hand tools etc. - Business boasts an impressive reputation for everything tools for the business man to the handyman. - Price includes nearly $1,000,000 in stock.

Potential

Weekend trading. - Potential for online trading very attractive.

Features

Impressive business - Established 28 years. - A 3 bedroom unit is under construction on a mezzanine floor above the shop floor which will be included in rent. - Long secure lease available. - Price includes stock

Premises

As new premises with land 2700m2 and business 600 m2.

Location

Situated in excellent industrial area in busy area of town.

Trading Hours

5 days - Monday to Friday: 7 am to 5 pm.

Lease

5 + 5 years or 3 + 3 + 3 years available - 2 weeks bond- 2.2% C.P.I. increases.

Employees

1 owner + 2 fulltimers + 1 casual.

Comments

Business boasts a huge stock component, a one stop shop with a spacious layout, unlike any other tool supplier in the area. - Owner selling due to health problems, but is prepared to assist for smooth transition. - Genuine inquires only. - An inspection is the only way to fully appreciate this exciting listing. Price includes nearly $1,000,000 in stock.

SBX ID

TQM1040

Figures
  • Takings: $26000/week (GST)
  • Cost of Goods: $16500
  • Gross Profit: $9500
  • Rent: $1000
  • Wages: $2000
  • Telephone: $200
  • Insurance: $250
  • Electricity: $200
  • Total Expenses: $3650
  • Nett Profit: $5850
  • Equipment (Included): $200000
  • Estimated Stock (Additional): $1000000
  • All other values ex GST
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