Business Sold BS145000, Brisbane, Queensland 4000
Business Category Medical
SOLD
Description
Under Offer! Niche Motor Dealer, Wheelchair Vehicles – Brisbane, Queensland
Business ID: BS145000
Circa $400K Profit to Owners, Growth Opportunity, NDIS approved
This business supplies wheelchair access vehicles across Queensland and the whole of Australia. It has demonstrated solid financial performance with high profits and explosive growth potential. The business sold 78 vehicles in the 2020 FY, and has already sold 46 vehicles in 2021 FY, in the first 4 months. If this was maintained the business would be growing 40% year on year.
The business imports used wheelchair access vehicles from Japan, and ensures compliance for Australian roads and customises configuration to suit the wheelchair passenger. Significantly, the business has recently registered as a provider to the National Disability Insurance Scheme (NDIS).
Business Highlights
-Turnover Exceeded $2.2 million in 2020
-Turnover $1.28 million first 4 months 2021 FY
-Profits to owner circa $400,000
-78 vehicles sold in 2020, 40% growth YTD 2021
-Easily operated from secure premises
-Systems and processes in place
-Motor Dealer Licence and NDIS will be transferred
Be quick, fast growth opportunities normally get snapped up. This is a proven model and is one of those businesses where you can make profits AND provide a valuable service to the community. There is also an exciting opportunity to establish a fleet of vehicles for hire to holidaymakers, families with someone in aged care and people in transition to NDIS.
Full training and a smooth transition will be provided.
Asking price is $450,000 PLUS Stock at value (estimated between $300k to $400k)
Property Code: 2018
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