Gas Appliances Retail Business [Under Contract]
[Under Contract]This is a well-established business that specialises in selling and servicing gas appliances. The business offers a full range of products, including barbecues, barbecue accessories, gas heaters, gas and wood fireplaces, gas hot water systems and more.
The business also has an enviable list of distributorships for most of the major brands in the industry, including Rinnai, Bosch, Heatlie, Omega, Jetmaster, Escea, Braemar, Coonara etc.
This business is well known in the area and is regarded by many locals as the place to go for gas barbecues and other gas appliances. Further, it is located in a fast-growing part of the western suburbs, providing an ever-increasing market for the organisation’s products and services.
Experienced staff are in place. Also, the vendor is happy to train the new owner. He is willing to stay on for a period of time after the sale, as a subcontractor, to help ensure that the business is smoothly transitioned across to the purchaser.
The business has demonstrated solid financial performance over a number of years. For the 2019 financial year, the business achieved sales of $1.9 million. Return to a working owner is circa $220,000 per year.
The business has been holding up well, better than expected,during Covid.
Customers typically pay for their orders before the goods leave the business premises. As a result, this business has excellent cash flow.
This quality business is being offered for sale at $290,000 including stock – negotiable!