Business For Sale BS148066 BS148066, Somersby, New South Wales 2250
Business Category Hardware
$249,000
Description
Fuel, Tractor, Spare Parts Sales And Mechanical Services Business For Sale
Business ID: BS148066
Specialising in sales and service to agricultural vehicles
Based on the Somersby Plateau this business has been in operation for 30 years and under ownership by the current family for the last 9 of those.
The business carries a large inventory of spare parts to cater for the service needs of the many different types of equipment in use locally (and further afield).
The business sells the reliable (and well priced) range of Kioti tractors and farming accessories manufactured in South Korea. Revenues will be in the region of $1.7m for FY22, up from $1.34m in FY21.
-Multiple income streams
-Sales of Fuel and Lube, Equipment, Parts & Services
-5.5 day operation
-Mechanic on staff
-Floor plan finance in place for demo equipment
-Inhouse finance available for equipment purchase
The owners wish to see a successful transition to new ownership and will provide up to one months handover to the new owners. The current owner will be available for support beyond this time with details to be agreed during negotiations.
With around $100K of equipment assets included with the sale, this business provides a low risk opportunity for an energetic new owner to continue this well established business with a view to introducing new products and services that can also be sold from this large site.
Asking Price: The Goodwill and the Assets of the business are for sale for $249,000 + SAV. Stock on hand varies due to equipment sales and the time of year and its value at cost price is currently in the region of $430,000
Property Code: 2721
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