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UNDER SEMI MANAGEMENT - NEWSAGENCY WHOLESALER - ONCE IN A LIFETIME OPPORTUNITY!
Ref No. GN3810W
Graham Nankivell
| Position: | Principal - Over 35 Yrs Business Sales Experience |
| Phone: | (08) 9429 8882 |
| Mobile: | 0413 436 766 |
| Email: | Email Me |
| State: | WA |
| Location: | Perth |
| Category | Wholesale |
|
NEWSAGENCY PRODUCTS WHOLESALER |
| Sales: | $544,529 |
| Gross Profit: | $544,529 |
| Net Profit | $355,748.00 |
| Price: | $1,270,000 (firm) - All Up |
|
UNMATCHED FEATURES OVER OTHER BUSINESSES
"The purchase price represents excellent value….
…. when comparing the features of this business with other wholesale type businesses"
üProduct demand – no marketing costs
ü5 day week trading
üProducts in constant demand
üRecession proof – business growth in the last downturn
üFun and easy to operate
üOnly 2 owners in 27 years (retirement forced last sale)
üNo trading stock
üSelf expanding customer base
üCurrent location is about10 minutes from CBD
üLow overheads
üMinor working capital
üLong established repeat client base – many in excess of 18 years
ü22 hours week for current owner
üVirtually no advertising expenditure
üNo administration of accounts
üNo cash handling
üNo reliance on passing trade – can be relocated
üLow rent and overheads
üLow staffing requirements of only 2
üNo specialised skills required – new staff can be trained in a week or two
üProfits can be proven 100 percent – all invoices have audit trail
üGreat lifestyle and work balance, with travel opportunities
üStimulating work environment
üPotential to expand faster with full time owner manager
BUSINESS TRADING HOURS
The business operates from 9am until 5pm Monday to Thursday, and on Friday from 8am till 4pm. It is closed on the weekend and on all public holidays, and has the ability to close for two to three weeks over Christmas.
ADVERTISING
Presently, no advertising is undertaken. All promotion is undertaken by third parties at their own expense.
FREIGHT
This business is fortunate in that all freight is at the suppliers expense.
PARTICULARS OF PREMISES
Total Area: 100m2
Monthly rent: $1,785.48
Both the office and showroom are built from double brick, are in excellent condition, and are centrally located on commercial land. The premises are very easy to access with freeway ramps nearby. This business has excellent customer parking.
VENDOR’S ASSISTANCE TO PURCHASER
Because the business is systemised and simple and easy to learn, the vendor need only allow eight hours per day for two weeks to train the buyer in all aspects of the running/managing of the business. This is proven as the current owner had no experience in this type of business prior to purchasing it.
SUMMARY
Any genuine buyer of this business will quickly come to realise that the possibilities for this business are really so numerous that upon examination it can be clearly seen that the choice for the owners is not so much to locate avenues for expansion but to select the ones of greatest advantage from the many available.
IT SIMPLY, JUST DOESN’T GET ANY BETTER THAN THIS!
IMPORTANT NOTE: This business is in the report stage and currently has a finalization date on the 18/08/2010. Delays can occur outside of our control due to waiting for financial data from accountants and other third parties. Performance Business Sales has a policy it is not prepared to release any information on businesses until the owners have checked the accuracy of the completed report. We invite you to send an email to register interest against this business, but often due to overwhelming buyer registrations we may not be able to acknowledge receipt of your enquiry in a speedy timeframe. Instead we ask if you have not received our response by the report target date motioned above, please feel free to contact us by phone or mail for an update on this business.
SO HOW DO YOU GET FROM HERE AND INTO THE MONEY IN 5 EASY STEPS
1. First register your interest by clicking email me under my picture. This is important as we give registered buyers precedent of non registered buyers.
2. Second step - When the report is finalised, we will email and phone you to advise the highly detailed report is now ready to be collected. You will be asked to come to our office where you will sign a confidentiality agreement prior to receiving any identifying information on the business. The business report is designed to save you time frustration and risk as it will virtually provide all the facts upfront allowing you to make an informed decision whether to proceed to the next step.
3. This third step involves an onsite meeting at the business (usually after hours), where you will tour the premises and ask the owners any further questions about the general operations or financial figures on the business.
4. The final step – At this point you will have had enough information to make the decision on whether the business is a match for you. If it is you will want to secure the business from other competing buyers and will ask to make an offer on the business. The offer will be structured in a way that is it is subject to your satisfaction of specific conditions being fulfilled. Typical conditions you might have on your offer will be – Due Diligence (your accountants inspection of financials), reading and approving the lease on the premises, meeting customers, clients and suppliers prior to settlement, Restraint deed agreement signed by the vendor, inspection of equipment, finance approval etc. If conditions are not to your satisfaction you may elect to terminate the contract
5. Finally, once you’re satisfied all conditions have been met settlement and ownership takes place and you’re in the money.
Email Me now and I will give you along with other registered buyers a 7 day lead time prior to the business being advertised for sale.
Graham Nankivell
Phone: (08) 9382 3077
Mobile: 0413 436 766
_________________________________________________________________
Important: Recent analysis of our business sales reflected over 75% of businesses sold were from buyers who registered interest against the business which eliminated the need to advertise the business for sale in local newspapers.
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