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Listing Id: 33918 Last Refreshed: 02/12/2024 Total Views: 8 Broker Ref: 22467

UNDER CONTRACT - Is This Hobart's Best Retail Store? TAS Profit Of $197,498 2024 FY

Hobart, TasmaniaAppliances Stores
Asking Price: $622,713
Business For Takeover
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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

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Description

This business prides itself on a strong reputation for its commitment to quality, integrity, and superior customer service, earning it a firm foothold in the retail industry. Your chance to own a market leader that has established itself as a trusted and respected player in the market.

This is an incredible opportunity to acquire a well-established and highly profitable industry-leading retail business located in the heart of Hobart. Offering an impressive annual turnover of $1,298,765 with an EBITDA of $197,498 for a non-working owner in 2024 and a Forecasted EBITDA of $222,662 for 2025, this business stands as a testament to the industry's strength and stability.

Stable and highly profitable business operations, excellent turnover and substantial profit margins, outstanding reputation for quality and service, and a well-established business offering long-term stability and growth. Take advantage of this rare opportunity to purchase an industry-leading business in a fantastic location. With its impressive profit margin and established market presence, this business offers a secure investment for the discerning buyer looking for a high potential, high return business prospect.

This is an exceptional opportunity to take over a successful business with solid financials and significant growth potential.
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