Business For Sale Broome, Western Australia 6725
Business Category Auto Accessories and Parts Auto Electrical Smash Repairer
$185,159 + SAV
Essential 4wd Tyre Service Pilbara Coast
Amazing price of $185,159 plus stock.
With stock of $306,841, the price including stock is $543,000
4WD Products & Services
Established Client Base
Growing Strongly - Profits up by 19% last year
Booming North West Beach-Side Location
Be Owner-Manager Or Run Under Management
This business provides services and products many of them essential to a relatively large and lucrative market. Its the only independent 4WD parts, service, repair and accessories retailer in this beach-side north-west location which also offers a nationally respected brand.
This the brand is a major force in Australian tyre retailing - it is not a franchise, it is a buying group which also opts to pool some funds for national advertising. However there are no royalties to pay, so the business effectively gains the benefits of a franchise without the overhead. And since theres no master franchisor, all the owner/operators have the power to influence the future direction of the group.
This business is also the only distributor in its location of many of the brands it carries, and everything it supplies and fits is a quality product with an excellent warranty. Not only does that serve to attract and retain customers, but it also means this business outlet can, through the buying power which group membership brings, achieve significant discounts from suppliers.
The fact that virtually everyone in this beach-side north-west location owns a 4WD makes for a robust business and one that offers great opportunity to expand the business by offering a bigger range of product to suit every budget.
This combination of essential services servicing and repairs along with sought-after high-profit modifications means this is a highly profitable business.
Sales in 2018/2019 were up over 19 per cent on the previous year, and the current period is showing similar revenues. That year also saw a record profit. Cashflow is excellent, as most clients pay cash before they can drive their vehicle away.
Costs are relatively low for a business which turned over close to $1.9 million in 2018/19; it can run efficiently with just the manager and two full-time workshop staff on-site, meaning the owner has the option to manage the day to day business operations or leave the store with the manager and spend time on business development.
This beach-side north-west location is a virtually captive market, since customers have few other choices for tyres and 4WD accessories, and no other choice for the exclusive products carried only by this business.
Add this to the fact that much of what it offers is essential for any 4WD owner, and you have a stable and profitable business selling well-regarded, tried and tested products and services.
Steadily increasing revenues year-on-year
2018/2019 Showed a 19% increase in sales and the business shows steady sales increases over its history. Anecdotal evidence shows more activity in its location due to new resources projects starting up.
Situated in a prosperous and fast-growing region
The North West Salaries are high, and driving 4WDs for recreation is a widely pursued pastime. People tend to spend a lot on their 4WDs in this location.
Full-time manager and staff handle day-to-day operations
The owner can spend their time on developing new business, not day-to-day operations.
Could easily run entirely under management if desired
The current owner runs the business under management for a substantial part of the year.
Essential products and services, some mandated by law (tyres, brakes, suspension, lights etc)
These are required products that customers must have and there is no other supplier that can provide many of them.
Minimal competition with high barriers to entry
You wont find any upstart competitors in this location. The North West presents a barrier to entry that a city location does not embody. So its clear sailing full steam ahead.
Considerable growth potential through promoting the business to new customers and adding complementary products
Expansion opportunities are there for the taking. Just spend some time on business development and the revenues will reflect.
CALL TO ACTION
If you are looking for a low-cost entry into a business to run yourself, or run under management, this is it. No expert knowledge is required and any person can build on this business success to date.
In addition to the excellent profits and growth potential, this business affords an owner running the business under management tax-deductible travel to this tourism & resources hub North West Australian beachside location.
This business offers a brilliant income, lifestyle and location in which to grow your business future.
This business is newly on the market and for sale now. Contact the broker for more information
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.