Business For Sale Coffs Harbour, New South Wales 2450
Business Category Furniture Hardware Other Retail
$415,000 + SAV
$415,000 Profitable Lighting Store | Mid North Coast | T/o $1.7m
This simple to run lighting store is positioned well to continue their consistent growth over the last 5 years.
Thousands are flocking away from major cities, in search of lifestyle and affordability.
Topline revenue has enjoyed growth of 75% over the last 4 years.
Gross profit is extremely consistent at 41% - 42% over the last 4 years.
Whilst the business performs well, the trades and online sales channels are largely untapped.
Profit is extremely healthy, after a realistic management fee to the working owner who works part-time.
Employees and management do not require specific expertise, or licenses.
This business opportunity represents a reliable and sustainable business model servicing the growing demand in the NSW mid-north coast, with limited competition.
Partial management and simple to replace outgoing owners
Rapidly growing population and demographic
Highly reliable and consistent gross profit
EBITDA over 13% (FY21)
Small team to manage, does not require high wage costs
Cost of Goods: $1,080,000
Gross Profit: $776,000
Net Profit/EBITDA: $238,000
* PEBITDA: $320,500
(PEBITDA = NET profit plus working owners wage)
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Or for further details contact Daniel Kogan at XXXXXXXXXX XXXXXXXXXX .
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