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Listing Id: 34009 Last Refreshed: 07/11/2024 Total Views: 5 Broker Ref: 22760

Firearms and Fishing business. Cash Cow. Big NET profit.

West & Northwest, MelbourneAppliances Stores
Asking Price: $2,300,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Photos not of business, but for display purposes only.
Price includes approx $1.6 million in stock.
Rent is very, very cheap, as the Vendor owns the building.
All stock is kept up-to-date and continually turned over for new product lines.
This business is very busy, and the retail shop is a "Point of Destination" that has a lot of regular customers.
A huge advantage this retail shop has, is the location. The demographic of customers is perfect.
Sales are approx 50% Firearms/accessories and 50% Fishing/accessories.
Firearms are busy in Winter, and Fishing busy through Summer. A great combination.
Turnover has grown year on year, now generating approx - $1.7 million a year in sales.
Huge NET profit.
The operation offers new clients " Victorian Firearms Safety Exams " and also permits to buy Firearms. All done onsite.
This brings in another 5-6 new clients everyday, so the growth of this business keeps building.
Exceptional, first class fitout and display that is just been completed.
This is a huge shop with a new mezzanine floor installed.
Solid, well established business.
If you are looking for a real business that will set you up for a great financial future, look no further.
Technology - the internet - and buying from Amazon or overseas will NEVER be a threat. Customers can only buy Firearms from a registered shop, by law !!
As the Firearms Licence must be transferred, a new Vendor must have a squeaky clean record.
The current Vendor will help with the Dealers 1 - licence and all facets in the transfer of the business.
A great training period can be negotiated to suit all parties.
This is a solid investment opportunity in an industry you will love.
Due diligence must be done, and is welcomed for serious buyers to substantiate all financial information, and stock levels before an offer is submitted.
A Confidentiality Agreement must be signed by all enquiries before an introduction to the Vendor, at his request.
Quote BSV 0965, and call Michael NOW !! on - 0400 645 133 - or submit an enquiry.
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