Listing ID: 252
Here is a rare opportunity to purchase two businesses together! These complementary businesses operate from the one premises and are offered at an amazing price.
The western suburbs form a major region of Sydney, encompassing myriad council and business precincts, as well as numerous clubs and sporting organisations. With the state government planning to build thousands of new homes as part of a $2.1 billion urban renewal project, local businesses can look forward to a bright future.
This business premises are located in the western suburbs of Sydney with good street exposure. The purchase price includes all fixtures and fittings and a substantial amount of modern, up-to-date equipment. Machinery for both businesses is worth above $300,000 and the current stock is valued at $40,000 to $60,000. The premises would be available with a long lease, and include a very large showroom. The shop is fully air-conditioned and has plenty of available parking.
The secret of this owner’s success is diversification. It retails trophies but also manufactures and engraves honour boards, promotional products and corporate awards, frames club jerseys plus a great deal more. The secondary business specialises in industrial lasering for ID tags, block plans, timber marking, leather cutting & stainless steel engraving amongst other products.
Currently run by a husband and wife team plus one full-time employee and generates a turnover of between $600,000 and $700,000. The profits are exceptional, particularly taking into account the current economic circumstances and adverse conditions relating to retail trade. The reason for this is the solid reputation, large and regular clientele and plentiful repeat business generated by excellent workmanship and customer service over the years.
Training and advice would be provided in the transition period and further information on inclusions is available.
These are specialised and recession-proof businesses but are not difficult to learn. Indeed, once customer satisfaction has been established with the numerous clubs, sporting associations and corporations the business supplies, ongoing orders and purchases are assured.
Lidcombe, New South Wales 2141