Wholesale - Batteries - Retail - Services - Wholesale Batteries Same owner 29 yrs - Net $255K pa Western Subs - Sydney - G1769

Wholesale - Batteries - Retail - Services - Western Suburbs - Agent SBX Code Number: G1769

Battery Wholesaler offering all types of batteries for cars, trucks, bikes & boats, delivering stock and servicing clients makes up over 90% of the business plus the other less than 10% includes direct retail sales and installations. Over 400 active wholesale customers include automotive & mechanic workshops servicing both cars & trucks, garbage industry (approx. 450 trucks), taxis, spare parts, landscape supplies and some marine supplies. A large percentage of the customers operate on a consignment basis and the sales team have different runs each day where they check stock levels and replenish where required, deliver and invoice. Almost all stock is purchased through 1 supplier and rebranded with the trademark branding. The assets that are included in the sale consist of 3 Ford Falcon Utes, fork lift as well as all other equipment to run the business. Stock of $140,000 is extra to the selling price.

Potential
Unlimited potential to grow this business. -Could develop a website and get page 1 google ranking. - Could grow the wholesale territory. - Could open for trade on Saturdays. Could do some marketing of the brand. - Potential to grow the customer base. Could grow the retail brand.

Features
Trademark Brand. - Same owner for 29 years. - Long and established clientele. - Easy to run business. - Well trained loyal staff that can easily manage the business if required. - Consistent financials / profits over the last 5 years. - 2 year warranty covered by the supplier.Owner works 4 days pw

Premises
This business has an area of 250 sq mts. in a unit complex with 6 units and parking.

Location
Well located in the Western Suburbs in a unit complex close to M2 Motorway.

Trading Hours
5 days, Monday to Friday 730 am to 400 pm

Lease
A new 5 year lease + 5 year option could be made available for a new owner. The current owner has been month to month for over 20 years.

Employees
1 owner + 2 full timers + 1 casual

Comments
Recession proof, Covid 19 proof, 2008 financial crisis proof - only to get better with demand for batteries to grow exponential. Business operator found his sweet spot and runs a great business. True business where owner only works 4 days a week - standard business hours and staff trained to operate when owner is away.

Figures
Weekly Sales $26612
Rent (ex GST) $456
Wages $3063
Profit $4914


Agent SBX Code Number: G1769 - SBX Business Brokers