Sold! B2b - Industrial Sales - Sunshine Coast Qld

Business ID: BS149270

FY 22 Income to Owner $250K+ Sale Price $280K + SAV

Established over 30 years ago from start up, this business is still operated by the original owner and is offered for sale due to his planned retirement.
Long standing distribution agreements are in place with key suppliers for the main line items sold by the business.
The company provides its products to a range of industrial companies including timber mills and timber processors, a major printing company, entertainment businesses and a wide range of other customers with requirements for items including pneumatic components, transmission systems, welding goods, lubricants, abrasives and filters.

-Diverse client base
-Well established customer and supplier relationships
-Excellent reputation for price competitiveness
-Sound reputation for technical knowledge and service
-Currently owner is only employee (by choice)
-Can be grown further
-Sufficient profits to employ staff
-Could be run under management
-Well presented and organised premises
-Mon - Fri operation
-Option to relocate after lease expires in Nov 22
-New lease available

The owner wishes to retire and move Interstate. A two week handover will be included as part of the sale and a longer handover will be provided if required with terms to be discussed during the sales process.

This is a simple business to run for someone with a knowledge of industrial components and a knowledge of computers for invoicing, ordering and stock control.
There is a genuine opportuntiy to grow the business further through additional sales to existing customers, outbound prospecting for new customers and the introduction of additional products or services.

Asking Price: The Goodwill and Assets of the business are for sale for $280,000. Stock on hand will be an additional cost. It will be counted and valued at cost price prior to settlement. SAV is typically $70,000

Property Code: 2795