NOVEMBER 02, 2016
Franchised Aftermarket Parts Retailer - DNB1011
INNER WESTERN SUBURBS LOCATION
HOUSEHOLD NAME BRAND
ON TARGET TURNOVER OF $1M
This successful and exceptionally well known retail brand of franchised aftermarket parts supplier is located in Sydney's Inner Western Suburbs. Having traded under its present owner since 2014, the business was first established in 2002. A high visibility location with plenty of customer parking, 7 part / fulltime staff, a seven year franchise agreement term and an option for a further 7 makes this a highly worthwhile investment opportunity. Interested parties are advised not delay.
Annualised figures from this financial year suggest gross Sales of approximately $1.99m with a stock on hand value of $430k. Owners earnings are projected to be in excess of $300k with a net operating profit a simillar$300k. The owner / operators contribution is approximately 50 hours per week.
Currently on the market for a cost of $450k negotiable, and an additional $430k for the stock at value.
Simply supply your contact details below to receive an information memorandum covering a comprehensive business overview, current financials and trading outline.