$415,000 PROFITABLE LIGHTING STORE | MID NORTH COAST | T/O $1.7M

For Sale: $415,000 + SAV





Business Overview

This simple to run lighting store is positioned well to continue their consistent growth over the last 5 years.


Thousands are flocking away from major cities, in search of lifestyle and affordability.


Topline revenue has enjoyed growth of 75% over the last 4 years.


Gross profit is extremely consistent at 41% - 42% over the last 4 years.


Whilst the business performs well, the trades and online sales channels are largely untapped.


Profit is extremely healthy, after a realistic management fee to the working owner who works part-time.


Employees and management do not require specific expertise, or licenses.


This business opportunity represents a reliable and sustainable business model servicing the growing demand in the NSW mid north coast, with limited competition.



Features

  • Partial management and simple to replace outgoing owners

  • Rapidly growing population and demographic

  • Highly reliable and consistent gross profit

  • EBITDA over 13% (FY21)

  • Small team to manage, does not require high wage costs









Financials

  • Revenue: $1,855,494.35

  • Cost of Goods: $1,079,097.26

  • Gross Profit: $776,397.09

  • Rent: $125,557.65

  • Net Profit/EBITDA: $250,897.95

  • PEBITDA: $333,023

(PEBITDA = NET profit plus working owners wage)








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."


Daniel Kogan

Senior Partner

Licensed Business Broker


e: daniel@vbaaustralia.com.au

m: 0401 620 918

t:   (02) 8923 2632




Dan Levitus

Senior Partner

Licensed Business Broker







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 in this business.