Over $1.0ml In Forward Orders Which Would Nearly Pay For This Business!

Business Sold Bunbury + South West WA Region, Western Australia

Business Category Building and Construction Other Retail Trade Services

It's not often that you can buy a business with one-year's turnover in forward confirmed orders.

SOLD

Description

Over $1.0ml In Forward Orders Which Would Nearly Pay For This Business!

A key benefit of this business is being part of the national group is that the business carries minimal stock and draws on a large warehouse of products. Our competitors don’t have this luxury which creates additional overheads for their businesses eating into their margin.

This essential product business is part of the South West’s ongoing urban and commercial development. The South West region is earmarked by state planning as a regional growth area with the population continuing to grow at a rapid rate.

This business is in great shape and ready for the astute buyer to take advantage of the forward orders of over $1,000,000 which will be transferred to the new owner at settlement. These forward orders provide the new owners with a down payment on the business.

By consistently sourcing premium products from around the globe, incorporating the latest design trends provides the business with repeat customers.

Our suppliers work with the world's most advanced manufacturers to put their resellers at the forefront of the latest designs and most up-to-date technology, with staff that are trained on the latest manufacturing techniques and trends from around the world.

The national buying group buys in bulk, meaning that this business gets better value for money. Their suppliers travel around the world, to source the very best product, committing to large quantities to share across the network of showrooms. This ensures our customers receive the very best price.

The business caters to all types of assignments including large commercial projects, residential developments, home renovations, business refits, and DYI projects.

The business is simple to operate and currently runs with the owner/manager, one full-time employee who works 4 full days a week & Saturday morning, and a part-time delivery person. The full-time employee has been with the business for 10 years and understands the business intimately.

The population of the region serviced by this business, now at 182,500, is set to reach 230,000 by 2031, and by 2050 it is possible that as many as 500,000 could call the southwest home (South West Development Commission, 2019).

An analysis from CoreLogic RP Data confirms that areas south of the Perth metro area experiencing an accelerated rate of growth.

Extremely strong relationships have been established with our main supplier... which provides the business with a written agreement to secure their territory of the South West region.

This business is in the enviable position of being a preferred supplier to several major customers. This means several of these customers may tender on the same project and regardless of who wins, the business usually gets the work.
Contact Seller
Glenn McTaggart

Bsale ID: 585193
Broker REF: 012826/22

Performance Business Sales Pty Ltd