36 King Street Frankton

Property ID:4CCHFH

Property Snapshot

Auto Parts Supply $25,000 + Stock Plus GST (if any)

36 King Street Frankton

Property Snapshot

This business has been operating for over 30 years with the same owners, who are now looking to retire. Predominantly supplying automotive parts to trade based customers the business shows consistent returns over the last 3 years. There is opportunity to expand sales further in the retail side and build on the loyal trade base already established.
Current turnover of $365,000 plus with 33% average gross profit.
Located in central Frankton and surrounded by mechanical workshops and garages nearby in a modern warehouse with attached office and retail areas of approximately 200m2. Currently operating with one staff member and part-time oversight by owner.
A new lease on favourable terms is available to be negotiated with the purchaser to secure the existing location.
This is an excellent opportunity for someone looking to become self-employed, or adding to an existing business, with low in-going costs, existing customer base and systems.
The current owner is willing to provide an assistance period to the purchaser to ensure a smooth handover.
-Long established and well known in the trade sector.
-Fully computerised software systems in place to track inventory and debtors.
-Contacts with suppliers in place to access parts with significant margins.
-Good profile site in the heart of trade-based supply in Frankton.
-Attractive lease terms available.
-Plant and fittings included in sale price.
-Stock available to purchase $50,000 - $200,000 depending on purchaser's requirements.
-Growth opportunities available to expand business.

Business is being sold as a going concern, business and stock are plus GST if any.

Contact Shayne O'Hagan 021-975932

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