ROCK SOLID $1.0ml IN FORWARD ORDERS TO THE NEW OWNER

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seal approved PBS

NET PROFIT
$183,000 pa

PRICE
$285,000

STOCK
$45,000

LOCATION
South West Regional

REF NO
012826/22

BROKER
Glenn McTaggart

Sold

South West Businesses

012826/22

Key Features

Nearly $900,000 in forward orders to the new owner providing a gp of around $300,000
Part of a strong and professional buying group
Current owner for 20 years – proving it can grow in economic downturns
Low staff of two including the owner/manager and a part-time delivery person
Only stock holding is display stock
Low working capital requirements
Essential renovation, new home and commercial building products

OVER $1.0ml IN FORWARD ORDERS WHICH WILL NEARLY PAY FOR THE BUSINESS!

It is rare that you get a business with forward orders that would nearly cover the cost of the business in GP.

On top of these confirmed forward orders, there are many other orders pending to be confirmed.

STAY AHEAD OF THE COMPETITION - A global selection of product designs and styles

NO NEED TO CARRY STOCK - Our suppliers have a large warehouse of stock to draw from

PROFESSIONAL MEDIA PROMOTION - Companion marketing and sharing promotional costs

BETTER MARGIN - Part of a strong family-operated buying group

GLOBAL SUPPLY - Access to the latest trends in from all over the world

MORE ABOUT THIS BUSINESS

FORWARD ORDERS TO THE NEW OWNER

This business is in great shape and ready for the astute buyer to take advantage of the forward orders of nearly $1,000,000 which will be transferred to the new owner at settlement. These forward orders virtually provide the new owners with a down payment on the business.

POPULATION GROWTH

The growing population of the south west region will require the continued building of infrastructure and facilities to accommodate it, such as schools, sports facilities, community centres, hospitals etc., and all these new buildings will require these products.

EXCLUSIVE SUPPLIER

Extremely strong relationships have been established with the our main supplier.... which the business have a written agreement to secure their territory of the South West region.

WIDESPREAD GROWING REPEAT CUSTOMER BASE

The Growing list of customers currently numbers approximately 235 with no one customer representing more than approximately 10% of the annual sales. This has been a deliberate policy employed by the vendor to make the business less susceptible to major sales downturns resulting from a loss in a major customer. This is a key feature not often found in businesses of this calibre.

PREFERRED SUPPLIER STATUS

This business is in the enviable position of being a preferred supplier to several major customers. This means several of these customers may tender on the same project and regardless of who wins, the business usually gets the work.

LONG ESTABLISHED

This business has been servicing the South West market for some 20 years and during that time the demand for its products and services has been very constant. With very little sales or marketing effort turnover has continued to grow year on year, purely through reputation and word of mouth.

This business is in great shape and ready for the astute buyer to take advantage of the forward orders of OVER $1,000,000 which will be transferred to the new owner at settlement.

A key benefit of this business is being part of the national group is that the business carries minimal stock and draws on a large warehouse of products. Our competitors don’t have this luxury which creates additional overheads for their businesses eating into their margin.

This essential product business is part of the South West’s ongoing urban and commercial development. The South West region is earmarked by state planning as a regional growth area with the population continuing to grow at a rapid rate.

The population of the South West region serviced by this business, now at 182,500, is set to reach 230,000 by 2031, and by 2050 it is possible that as many as 500,000 could call the southwest home (South West Development Commission, 2019).

The business is simple to operate and currently runs with the owner/manager, one full-time employee who works 4 full days a week & Saturday morning, and a part-time delivery person. The full-time employee has been with the business for 10 years and understands the business intimately.

By consistently sourcing premium products from around the globe, incorporating the latest design trends provides the business with repeat customers.

Our suppliers work with the world’s most advanced manufacturers to put their resellers at the forefront of the latest designs and most up-to-date technology, with staff that are trained on the latest manufacturing techniques and trends from around the world.

The national buying group buys in bulk, meaning that this business gets better value for money. Their suppliers travel around the world, to source the very best product, committing to large quantities to share across the network of showrooms. This ensures our customers receive the very best price.

The business caters to all types of assignments including large commercial projects, residential developments, home renovations, business refits, and DYI projects.

There is many expansion opportunities for the business in particular establishing another outlet in other major South West centres with the backing of the national buying group.

Key Features

Nearly $900,000 in forward orders to the new owner providing a gp of around $300,000
Part of a strong and professional buying group
Current owner for 20 years – proving it can grow in economic downturns
Low staff of two including the owner/manager and a part-time delivery person
Only stock holding is display stock
Low working capital requirements
Essential renovation, new home and commercial building products