Summary
- Asking price:
-
$545,000
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- Available on request
- Net profit:
- Available on request
- Years established:
- 13 H-A-P-P-Y years
- Employees:
- 2 + 2 Part Time
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
Business description
Best suited for an A-Grade Electrician who has lost his appetite for wiring houses . . . but loves "FIXING" BiG Generators + Welders + 1 & 3-Phase Motors + BiG Pumps and a range of commercial equipment . . . including Power Tools Repairs and Maintenance.
If not already fully trained you are in luck as Vendor Keven will provide a 10-12-14 week HandOver/TakeOver Program following a mutual assessment and capacity for "YOU" to take this 13-year old business to the next stage!
The business has operated successfully with annual Net Profits exceeding $100k (as a Guide!!)
Property information
- Real Estate:
- Real Property Included
- Lease terms:
- A Lease may be negotiable in lieu of the preferred outright sale of both the Freehold + Business including +/-$200k in P & E + Stock + Goodwill
- Living accommodation:
- 3 BEDROOM 1930's "Character Home" in very good condition and would suit a young family of 4-5 people.
Shed and WorkShop hidden 30 seconds outside the back door!
- Location:
- Ideal location for a home + business in a Light-Commercial Area and Northern Suburb of HOBART.
Other information
- Expansion potential:
- VERY GOOD OPPORTUNITY TO GAIN ADDITIONAL BUSINESS FROM THE EXISTING CLIENT BASE!
GOOD OPPORTUNITIES FOR POWER TOOLS REPAIRS WITH AN INCREASE IN STAFF NEEDED!
- Competition / Market:
- Several others who tend to specialise in other areas. This business comfortably supports a Husband & Wife Partnership plus 2-Part Time Assistants.
- Support & training:
- 10-12-14 weeks extensive HandOver/TakeOver is available if required!!
- Reasons for selling:
- RETIREMENT and a "Challenging Medical Condition" for Keven . . . . who deserves a long holiday!
- Trading hours:
- 8-5 Monday to Friday with overtime available!
- Financing available:
- Possibilty Of Vendor Terms (6%) on $200k with $350k Deposit. Consider Current Bank Interest Charges are at +/-10.5%
- Furniture / Fixtures value:
- $20,000 (included in the asking price)
- Inventory / Stock value:
- $150,000 (included in the asking price)
- Related documents:
-
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.