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Established Tech Business In Horsham For Sale

Horsham, Victoria, Australia
Asking Price:
$500,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$200,000 (AUD)

BuzzTech - Horsham, a newly opened store, features a $200,000 fit-out and occupies a prime 69m² location close to major telecommunications providers. Developed based on insights from opening seven successful locations over six years, this store ensures optimized operations and an excellent customer experience.
On track to achieve a $600,000 turnover, this location promises strong market potential. The building's loud and bright exterior makes it a standout in town, attracting significant foot traffic. The store is fully staffed with trained technicians, with additional training available if needed.
The store's financial projections indicate it will follow the performance of other BuzzTech locations, netting approximately $200,000 per annum. With a stock value of $60,000, the sale price for this lucrative opportunity is $500,000 plus stock.
The sale is due to the current owner moving overseas.

Property Information

Real Estate:

Lease

Lease Terms:

5x5x5 Starting in February 2024

Leasehold Rent:

$36,000 (AUD) per annum

Location:

The building stands out with its loud and bright exterior, strategically positioned in a prime location close to major telecommunications providers, ensuring high visibility and foot traffic.

Premises Details:

The business is located in a newly fitted 69m² premises, featuring a $200,000 fit-out designed for optimal customer experience and operational efficiency.
The space is well-organized, creating a welcoming atmosphere for customers and an efficient workspace for staff.

Business Operation

Expansion Potential:

This location can easily double the turnover leaving plenty of space for expansion

Competition / Market:

we are one of 3 places in town to get your device repaired
As we are new in town, people are still finding out that we do repairs, so repairs are still growing, though the accessory side is already booming.

Reasons for selling:

Moving Overseas

Trading hours:

8-6 weekdays
9-5 Saturday
9-1 Sunday

Employees:
2
Years established:
2024

Other Information

Support & training:

4-8 weeks training can be provided if needed
Current staff can run the business unsupervised

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Vendee financing is available. Terms depend on the size of the deposit.

Furniture / Fixtures value:
$200,000 (AUD) - included in the asking price
Inventory / Stock value:
$50,000 (AUD)