Industrial Supplies and Service - Peel Bearings, Tools and Filters

Mandurah WA
Asking Price $198,000
Phone enquiries - please quote property ID 32869.

Peel Bearings, Tools & Filters has become the go-to business for bearings, bearing-related products, trailer parts, filter products and lubricants. The business also provides a range of services including fitting and removal of bearings and seals, repairing trailers, metal machining, condition monitoring and thermal imaging.

As a leading provider, this well-established business of 17+ years has gone from strength to strength servicing the mining, agricultural, marine, automotive, engineering, and transport industries along with general consumers in the Greater Peel region.

Peel Bearings is an independent Australian-owned business successfully run by a husband & wife team with a combined 60 hours p.w. with no other staff required.  The business trades Monday to Friday leaving the weekends completely free.

It has an established and reliable supply network across Australia and is well known for its wide range of stock and the sourcing of obscure or unusual parts.  The business is also the exclusive agency in the region for Royal lubricants and are a licensed warranty repairer for Kincrome Tools and Sitro Group Products.

The premises are leased and located in a light industrial estate on Gordon Road, Mandurah, amongst other good businesses.  It has good street exposure, good street signage and plenty of onsite parking.  The premises are large with a showroom for displaying products and plenty of storage at the rear.

This profitable business enjoys lucrative margins and reasonable growth, year on year with an approximate 37.2% profit of sales.

The business has an established website and Facebook presence along with a solid customer base and reputation. The successor can expect a sound business with plenty of opportunities to grow, whether it be via extended hours, more product lines and/or establishing online sales via the website.

The business is being sold at a modest price and includes all fixtures, fittings and equipment.  Stock will be sold at a valuation which is usually around $70k.  A full list of inclusions and financials can be provided upon a signed NDA.  

Enquire today.

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Ref Num: 32869
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