******* UNDER OFFER********** Car & Home Window Tinting- Wholesaler /Retailer
COFFS HARBOUR NSWLast asking price $220,000
Sold June 2023
Automotive
An easily managed business where you dont get your hands dirty! No previous industry experience is required, as the Franchisor provides virtually unlimited training and support.
Looking for an exclusive highly profitable business that is demand driven? A business that can easily be managed by anyone with a modicum of sales and business experience?
This high profile franchise has been operating in Coffs Harbour for well over 30 years, it is the regional market leader in the area of automotive, house and office window tinting. Its virtually a monopoly, as there is minimal competition recognised in the local and surrounding areas. This business is perfect for a "White Collar" owner or could be run under management still with attractive returns. No trade skills are required as a full team of tradesmen will remain with the business.
The businesss expert technicians are qualified to install a number of other products apart from window tinting. Rust proofing and inhibition, car protective surface treatments, sound deadening & ute lining products deliver solid additional sales. There is also a recent trend towards sign writing, using a new range of decorative films and vinyls.
This business is cash flow positive, with the majority of their work stemming from a very well established & consistent wholesale clientele, including mainstream Mercedes, Audi, Volkswagen, Land Rover, Toyota, Hyundai, Holden and Ford dealers,
The retail arm of the business is also highly profitable, as it benefits from a combined retail/wholesale margin. The business growth prospects will shortly be further enhanced with the franchisor releasing a range of new insulating products for homes and offices .
The current financial year profits are up 44% on last year's figures and all indicators are showing that the business is continuing on a significant growth trajectory.
The current owner is not a technician, but merely manages the business in the role of white collar worker. As can be seen, his efforts have been most successful. The only reason for the sale is that he owns another
(non- competing) more demanding major national franchise, that takes up most of his time.
Key features & Benefits:
High gross profit margin 70%
Very Low Rent
New 5+5 year franchise agreement
Very consistent turnover and net profit figures
One of the highest performing stores within the brand
2012 winner of franchisee of the year!
No prior experience required, full training and ongoing support provided
No charge for the comprehensive national marketing program
Operating 5 days per week offering you a lifestyle balance
Nothing to spend, recent upgrade to work room and shop
Low stock holding
Essential solar & maintenance protection product
Weve left the best news until last. The vendor is desirous of a quick sale and has reduced the price to only $220,000 WALK IN WALK OUT