NOVEMBER 02, 2016

Franchised Aftermarket Parts Retailer - DNB1011

INNER WESTERN SUBURBS LOCATION

HOUSEHOLD NAME BRAND

ON TARGET TURNOVER OF $1M

Details

THE BUSINESS

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.

FINANCIAL OVERVIEW

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.

THE COST

Currently on the market for a cost of $450k negotiable, and an additional $430k for the stock at value.

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