Business Overview for Sale
Business Name: BuzzTech
Established: March 1st, 2018
Location: Victoria, Australia
Building Size: 97m²
Lease Details:
Lease Term: 6 years
Annual Rent: $31,000
Financial Performance (Average over the Last 3 Years):
Turnover: Over $1,000,000
Net Profit: Over $400,000
Inventory and Stock Management:
Current Stock Value: $50,000
POS System: Set up to order regularly, minimizing holding stock
Client Base and Sales:
Loyal Clients: 14,000
Sales Last Year: 8,500
Profitability:
Gross Profit Margin: 66%
Staffing: Fully staffed with trained personnel
Facilities and Equipment:
Building: 97m², re-fitted in June 2020
Key Selling Points:
Established Business: Strong market presence since 2018.
Financial Stability: Consistent turnover and net profit with a high GP margin.
Client Base: A loyal customer base of 14,000 clients.
Operational Efficiency: Fully staffed with a streamlined POS system.
Modern Facilities: Recently re-fitted premises.
Growth Potential: Opportunity to expand on a solid foundation.
- Asking Price:
- $1,200,000 (AUD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,100,000 (AUD)
- Cash Flow:
- $400,000 (AUD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
over 6 years available
- Leasehold Rent:
-
$31,000 (AUD) per annum
- Location:
-
The business is situated in a prime high street location, next to Telstra, ensuring high visibility and substantial foot traffic.
- Premises Details:
-
The business operates within a 97m² premises that has been re-fitted in June 2020 to modern standards. It features a bright, welcoming interior to optimize customer experience and operational efficiency. Located on a prime high street, the premises enjoy high visibility and significant foot traffic, making it an attractive and accessible destination for customers.
Business Operation
- Expansion Potential:
-
Once you have your head around this location replication it will be easy
- Competition / Market:
-
We are one of 3 phone accessories and repair shops left in town 2 others that I know of have closed since we opened. we are the only ones in town that look after clients best interest thus we are booming
- Reasons for selling:
-
Moving Over seas
- Trading hours:
-
weekdays
8-6
weekends
9-5
- Employees:
- 3
- Years established:
- 2018
Other Information
- Support & training:
-
4-8+ weeks of training a available if needed
current staff can run the sore without supervision
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Vendor finance is available, terms will depend on the deposit
- Furniture / Fixtures value:
- $150,000 (AUD) - included in the asking price
- Inventory / Stock value:
- $62,000 (AUD) - included in the asking price
