$200,000 profit remotely managed interstate

General Description
Started in 1996 and managed remotely by an interstate owner this very profitable business is trading strong and many of the sales are from repeat customers who will continue to come to you for years to come. This business has not been pushed by the owner so it has good prospects for future growth and increased profits.

Open 5 days a week
Managed by staff with owner interstate
Fit out in excellent condition; only 12 months old
Gross profits of 60%
Very profitable with owner making over $200,000

Potential
Because the owner lives interstate he rarely visits customers so most sales are by their regular customer base on word of mouth. A new more proactive owner will just need to see clients as the products are considered superior to others in the industry.

The owner has spent considerable time and expense building a new website to target the rest of Australia with their products.

Features
Many customers are repeat
Has agreement in place for regular servicing of equipment
Growth industry
Quite straight forward business

Premises
Nothing to spend just walk in
Showroom and storage for stock

Location
Fyshwick

Trading Hours
Monday to Friday
8:30am to 5pm

Lease
Rent per week is $427 + GST

Financials
2016 sales $880,000
Gross Profits averaging 60%
Profit to owner over $200,000

Price
$395,000 + SAV
Stock at value approx $150,000

(Normally approx $50,000 but vendor orders monthly instead of weekly)
Price includes two service vehicles

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