Homeware/Hardware | Business for Sale | Preston
Summary
Are you looking for a lucrative business opportunity with an impressive track record of success? This well-established business presents an attractive package with strong financials and growth potential.
Key Financials:
Revenue: $1,271,486.72 plus a potential additional $400,000 to $500,000
Electricity & Gas Expenses: $10,984.55
Telephone & Internet: $5,798.94
Insurance for 2 cars and 1 truck: $70,000
Set up, Machines, and Stock: $750,000
Owner wages (2): $292,000
Rent: $80,000
Cost of Sales (COS): $640,960.58
Net Profit: $259,940.97
Location Details:
Located in Preston, this business benefits from a strategic position, offering easy accessibility to a large customer base.
Potential:
The business has the potential for substantial growth with the possibility of generating an additional $400,000 to $500,000 in revenue.
Skills:
The ideal buyer should possess strong management and entrepreneurial skills to capitalize on the business’s growth opportunities.
Employees:
The business currently has Owner Operation management.
About the Business:
With consistent annual revenue of $1,271,486.72 and potential additional income of $400,000 to $500,000 Cash, this business offers an exciting opportunity for ambitious entrepreneurs with a remarkable net profit of $259,940.97. A significant portion of the revenue is derived from cost of sales (COS) amounting to $640,960.58, ensuring a healthy profit margin.
With a well-established customer base and the necessary setup, machines, and ample stock in place, the business is positioned for continued success. The strategic location provides easy accessibility to a large customer base. The business has been managed by a dedicated team of employees and owners, with two owner salaries amounting to $292,000. The efficient operation is evident in well-controlled expenses, including electricity and gas expenses of $10,984.55 and telephone and internet expenses of $5,798.94.
This business opportunity offers an attractive investment proposition with strong financials and growth potential. The asking price is set at $2,200,000, reflecting the business’s current performance and the possibility of future expansion.
Don’t miss out on this exceptional chance to secure your future success with a thriving business! For further details and to arrange a viewing, contact us today.