Ad ID: 109332

Retail Business for Sale QLD

Enquire about this "Retail Business for Sale QLD" opportunity on aubizbuysell

Family Run Retail Business - Established 65 years


Why buy this Retail Business

Retail Business for Sale QLD Asking: $835,000

An opportunity has become available to own a longstanding family run specialty retail business, operating out of two stores and established for 65 years.

The business is a member of two household name chain/franchise buyer groups and profits are increasing dramatically. Operating in Coastal/Regional Queensland with a population boom that is supporting the high profit returns. This well-run and profitable business was already successful, driven by loyal relationships with long standing customers, suppliers and staff. Operating in Coastal/Regional Queensland, this business has benefited from the known population shift to the regions. In addition, this business has, and will continue to benefit from large scale commercial projects that are turbo charging the local economy (with many yet to come online).

There is a proven model for consistent profit and growth for a new owner. There have been many growth opportunities identified with this business, leaving plenty of potential to make it your own and watch it flourish. Should a new owner want to run this business under management, it would be possible to appoint an experienced manager and continue in ongoing success. An opportunity to purchase the two large Freehold properties is also available to a buyer via Expression of Interest.

o Sales: $3,213,856 (20/21)

o Forecast Sales $3,579,792 (21/22)

o EBITDA $479,856 (20/21)

o Forecast EBITDA $520,047 (21/22)

Sale Price: $835,000 plus stock approx $425,000

For a full Information Memorandum, use this link to complete the confidentiality agreement - https://forms.gle/bboxpKJ5Xyy8d5pc8
For more info
Contact: Dru Morgan

Dru Morgan

Business Brokers Network Australia
Broker Ref: 15870

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