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Muswellbrook Betta Electrical For Sale

Muswellbrook, New South Wales, Australia
Asking Price:
$550,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$3,000,000 (AUD)
Cash Flow:
Available on request

Electrical Appliance Retail

Very good Electrical Appliance Retail business for sale. Long running, well established family owned business servicing the Upper Hunter Valley for the last 24 years. Owners looking to retire.

Main street location on New England Hwy, with rear access. Lease $52k P/A. Freehold option possible.

Turnover of around $3 million P/A inc. GST. Excellent cashflow and GP.

Based in Muswellbrook and conducting weekly deliveries to Singleton, Denman, Aberdeen & Scone. Large residential customer data base of loyal local customers across all the local area.

Extensive commercial customer data base. Approved vendors to the Mining and Power industry, Corrective Services, Hunter Heath, Schools and Tafe as well as many other government departments. Supplying many account customers such as Horse Studs, Vineyards, Motels, Clubs, Hotels, Real Estates, Caravan Parks, Schools, Retirement homes and the electrical and building trades.

Part of a national franchised buying group with a licensed marketing area, Television advertising, National sponsorships, and Catalogue advertising. Computerised point of sale system connected to server at head office backed up by IT Support Help Desk. National website advertising with pricing updates.

Quality shop fittings and signage. Two Pantech delivery trucks with hydraulic tailgate lifters.

$550k plus stock on hand, approx $200 to $250K

Property Information

Real Estate:

Lease

Lease Terms:

New lease

Leasehold Rent:

$52,000 (AUD) per annum

Lease Rent:
$3,800 (AUD) per sq ft per annum
Location:

Prime main street location with rear access

Premises Details:

Main street on the New England Highway with around 19,000 vehicle traffic movements per day.

Business Operation

Expansion Potential:

Computers and furniture and bedding could be added.

Competition / Market:

Only one of two electrical appliance retailers between Maitland and Tamworth

Reasons for selling:

Owners looking to retire

Trading hours:

Monday to Friday 9am to 5pm. Saturday 9am to 12noon

Employees:
4
Years established:
24

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Current Franchise agreement ongoing

Other Information

Support & training:

National IT help desk and Franchise support head office