PRICE: OFFERS AROUND $100,000
* Car Stereo and Navigation Equipment
* Radio communications
* Home entertainment
* Public Address Systems
* Camping and Outdoors
A highly reputable local business established and run by the current owners for 34 years.They are now of retiring age and ready to enjoy the fruits of their success.
This has to be the most fastidiously maintained and operated business I have seen and the business enjoys the security of multiple retail income streams.
The installation, fitting and repair of electronic equipment such as home theatre and car radios are referred to an outside source. This means the business is purely retail and while an understanding of the product is an advantage, electronic knowledge and ability is not required. However there is scope to introduce this installation and repair work into the business.
This business has long established accounts with high profile corporate brand names. These can be hard to access if starting a business from scratch. The premises have recently been refurbished with new furniture, fittings, floor coverings, slat-wall display and lighting etc. This provides the purchaser with a clean, well presented base for the business.
The landlord has indicated his willingness to offer a new lease to the purchaser. The business will be sold subject to the landlord and purchaser entering into a negotiated lease agreement.
The business is located in easily accessible premises in the heart of the Murray Bridge business and retail precinct. Ample kerbside parking is available as well as a large car park at rear of premises.
A Form 2 for the most recent financial year to 30th June 2010 is available on signing a confidentiality agreement.
The business currently operates successfully with a husband and wife team.
The Vendor is asking for offers of around $100,000 to reflect the Nett Profit and the value of the plant and equipment. Stock will be at valuation at the time of handover.