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Business ID BS141275

Air-Conditioning, Kitchen and Laundry Appliances - Sales and Installation, Established 2005, Brisbane

Only $215,000 Walk in Walk Out, including $140,000 stock and assets valued by owner at around $25,000

Home appliances retailer with steady and consistent sales and profits. Trading in same location for over 15 years, with over 18,000 past and present clients. In addition to consumer sales, the business provides product to a range of commercial clients, including Real Estate Agents, Electricians, Plumbers, Cabinet Makers, Property Maintenance Companies and Appliance Repair Services. The business is differentiated from other retailers by offering a co-ordinated delivery, installation and removal service for air-conditioning, cooking appliances, as well as other whitegoods. 

Simple to operate business, with Point of Sale systems and streamlined ordering process through Bi-Rite Electrical Buying Group. Plenty of opportunity to grow business by extending trading hours, growing the commercial clientele and initiating a social media plan. In addition, direct marketing to the customer database could be implemented. 

Business Highlights

  • Turnover $1.5 million plus from 2006 - 2019
  • Revenue up by 20% July and Aug 2019 vs July/Aug 2018
  • Profit to working owner of $118,500 FY2019
  • EBITDA of $61,800, based on owner remaining as your manager
  • 2 Full Time Staff (over 20 years industry experience)  
  • No specific skills required - Air Conditioning knowledge an advantage
  • Opportunities to increase Sales and Profits
  • Opportunity to trade 7 days (currently trades Monday - Sat)
  • Located in Browns Plains Junction Shopping Centre( Opp Office Works/ BCF / Pet Barn / Fernwood) 
  • Servicing one of South East Queensland’s high growth corridors 

The current owner will ensure a smooth transition, which should only require 2 or 3 weeks handover.  However, they are also prepared to stay on as your manager indefinitely at $52,000 per annum plus super. 

Only $215,000 Walk in Walk Out, including $140,000 stock and assets valued by owner at around $25,000

 

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Business Sale Price:
$215,000
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