Horse Float Sales Business for Sale Gold Coast
Under Management Netting $850,000 for Y/E June 2024
Opportunity knocks once! Looking for something different?
Exceptional turnover, margins, profits and staff in place,
Established in 2007, with 22 prestige models in the range.
This business breaks all records! - with more than 300 units sold this financial year!
Growth industry – 800 pony clubs, 414 Equestrian clubs and 370 racing clubs plus thousands of private owners – all require floats or maybe, are looking to update their float at some time!
Sales breakdowns - 65% of sales are made in QLD, 25% NSW and 15% in Victoria
An Exclusive supply agreement exists with the importer which provides security, peace of mind and longevity to the business buyer.
Opportunity to purchase the importation & supply business NOW and settle within 12 months!
New Australian Standards were introduced in July 23 provide even more comfort to the business owner and industry.
Predominantly a 5-day business with a Sales Manager, Marketing Manager and casual support staff in place.
Potential to expand with interstate representation - branch offices and or licensing opportunities.
An ideal business, - NO DEBTORS!
Floats are in, and floats are out! – Money in the bank before the float leaves the site!
A lifestyle business that’s easy to learn and manage, the business is relocatable and can be home based.
The Seller, to provide even more comfort as he will leave “Skin in the Game”- the Seller will support an “earn-out” proposal based on the buyer maintaining current profits, this reduces the initial capital required by $400,000, the owner will provide ongoing Comfort, Support and Training as required.
Exceptional weekly cashflow, - “big ticket” items – so every sale produces sizeable profits! - Money in the bank!
Current sales and order book value is $900,000 and is included in sale – FOC! – returning minimum 20% profit within 2 months of takeover!
$1,200,000 + stock of $900K = $2,100,000 WIWO – total required now and $400K in 12 months – subject to Earnout clause.
For further details:
Gary Johnston xxxxx
