SOLD! B2B – Industrial Sales – Sunshine Coast QLD
FY 22 Income to Owner $250K+ Sale Price $280K + SAV
Business Sale Price:
$280,000
Business ID: BS149270
Location: QLD Regional
Type: Industrial/Engineering
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SOLD! B2B – Industrial Sales – Sunshine Coast QLD
Established over 30 years ago from start-up, this business is still operated by the original owner and is offered for sale due to his planned retirement.
Long-standing distribution agreements are in place with key suppliers for the main line items sold by the business.
The company provides its products to a range of industrial companies including timber mills and timber processors, a major printing company, entertainment businesses, and a wide range of other customers with requirements for items including pneumatic components, transmission systems, welding goods, lubricants, abrasives, and filters.
- Diverse client base
- Well established customer and supplier relationships
- Excellent reputation for price competitiveness
- Sound reputation for technical knowledge and service
- Currently owner is only employee (by choice)
- Can be grown further
- Sufficient profits to employ staff
- Could be run under management
- Well presented and organised premises
- Mon – Fri operation
- Option to relocate after lease expires in Nov 22
- New lease available
The owner wishes to retire and move Interstate. A two-week handover will be included as part of the sale and a longer handover will be provided if required with terms to be discussed during the sales process.
This is a simple business to run for someone with a knowledge of industrial components and a knowledge of computers for invoicing, ordering, and stock control.
There is a genuine opportunity to grow the business further through additional sales to existing customers, outbound prospecting for new customers, and the introduction of additional products or services.
Asking Price: The Goodwill and Assets of the business are for sale for $280,000. Stock on hand will be an additional cost. It will be counted and valued at cost price prior to settlement. SAV is typically $70,000
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