SOLD - Cash & Carry = $800,000 Profit

Sold

Cash & Carry = $800 000 Profit

Cash & Carry = 1264 image 1
Cash & Carry = 1264 image 1

Summary


  • MAROOCHYDORE
    Location
  • SOLD
    Price
  • 1264
    ID
  • Sold
    Status
    • Type:
    • Retail

Description


Easily one of our best business opportunities in recent years.

This easy to operate cash and carry business is an absolute standout and enjoys profits in excess of $800,000 p/a (2-year average) for one working owner. The new owners’ role is to simply oversee the manager and team of 3 staff, as well as input into stock purchases.

The simplicity of this business is what is most attractive. Stock simply comes in one door and goes out another. Customers love it, as they can take product home without having to order and wait weeks for it. Often stock is sold and paid for prior to the business paying for it!

With weekly sales of approx. $55 000, their huge buying power results in rarely seen profit margins (GP 50%), yet major expenses are well below average…such as rent being less than 4% of revenue and wages only 10%.

A summary of the wonderful selling points:
• Long established and open only 5 1/2 days per week
• Very low stock holding ($100 000)
• Huge profit margins – no debtors
• Long term manager in place - low wage costs
• Super low rent – 4% of revenue
• No skills required – easy 35-hour p/w role for owner.

Business opportunities on the Sunshine Coast this attractive are rare and at $2,500,000 including stock, buyers will achieve an impressive return on investment of 32%.

Genuine buyers with the capacity and ability to move quickly call Rod Russell on 0409 931 600

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