Sold! Superb Outdoor Shade Structure Business - Northern Sydney

Business ID: BS143994

Average Earnings $270k pa. Very well established (30 years) with yearly revenue average close to $1mil - Loads of potential to expand. Top quality products and 5 star reputation.

Providing outdoor shade products including umbrellas and awnings to the commercial and residential market. The business is located in an ideal location on Sydney's north side. Mostly servicing North, East and CBD. The owner is happy to pass on his experience to the new owner. There is an option to purchase the premises or rent with excellent rental terms. Trading 5 days, 8am to 4pm, the business offers a good work/life balance. Owner looking to retire once the business is sold.

The business has continued to trade through the Covid 19 crisis and while sales have been impacted there is still a good pipeline of sales coming through.

-Good revenue/cash flow
-Long established with successful trading history
-Substantial profits
-Growth potential with some aggressive marketing
-Systems and procedures in place
-Steady business monthly/yearly
-Excellent premises and location
-Good team of employees
-Top quality products with long trading history
-Excellent client base with substantial database
-Commercial and residential sales
-Strong marketing opportunities
-Firm commitment to offer high standards
-Work/Lifestyle balance
-Very good reputation with awards for workmanship
-Many years of work to create solid foundation for future growth
-Present owner’s ongoing support
-Desirable lease terms with possible option to purchase
-Many years of experience to be passed on to the new owner/s
-Excellent range of products
-Good source of product supply from wide range of wholesalers
-Excellent resources and support from other businesses if the new owner joins the specialized industry group, opportunity to gain years of knowledge in short amount of period

The owner is prepared to offer full support and training to the new owner and is committed to a smooth transition of ownership.

The business should continue to trade strongly under new ownership especially if the new owner is prepared to have a hands on role in the business and continue its solid reputation.

The business is an excellent opportunity for a similar style business to bolt on to their existing operation and recognize immediate growth. It could also suit an active investor who is prepared to put some hours into the business, they could see this as a great investment opportunity.

Asking Price: The sale price of $369,000 includes all plant and equipment needed to operate the business. Stock is not included in the sale price and is estimated to be $10,000