$1,625,000 LEISURE & ACCESSORIES HUGE GROWTH

For Sale: $1.625M





Business Overview

This business has grown substantially in the last 12 months. With over 20 years of successful trade, this business specialises in motor vehicle accessories for both leisure and work. They are a true one-stop-shop for the adventurous Australian or professional tradesman.


Since COVID, Aussies have been holidaying domestically, realising there is so much more of this beautiful country to see.


This newly invigorated local interest is driving a sizeable increase to this business' performance, now and into the future.


The owners are selling due to retirement, and are seeking a successor to this wildly popular, highly profitable business.


The new owner will not require specialist skills.


A passion for cars, four-wheel drives, sales, and profits is recommended, though not essential.


Importantly, the operating and fixed costs of this business will not increase proportionate to revenue, and economies are achieved when revenue hits circa $3M.


The FY21 revenue will achieve $3.5 to $3.6M with gross profit of around 45%, and fixed costs never exceeding $850k per annum including wages, this business boasts a very healthy bottom line.


Between 7 and 10 staffs excluding the owners are employed by the business at any one time.


Please note that confidential information will be provided to approved potential purchasers only.


Vendor finance terms are strictly not available.


The owners will provide the necessary training and support to the successful purchaser.




Features


FY21 Revenue $3.5M+

FY21 EBITDA circa $700k (after owners wages, not including)

Lease until 2026

Simple to run with no specialised skills

Hugely popular business in an affluent area

20 years plus trading history




Buying a business is easy with Vision





"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process."


Dan Levitus

(e)  dan@vbaaustralia.com.au

(m) 0450 326 146

(t)   (02) 8923 2632


The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business