REPUTABLE ONE STOP SHOP FOR ALL OF THE INDUSTRIAL BOLTS, FASTENERS AND SUPPLIES.

Sold $495,000
Description

Reputable one stop shop for all of the industrial bolts, fasteners and supplies.

Sold - Gold Coast QLD

Short Summary

Long established and successful business located in Gold Coast. This business has built a huge loyal client base and can be operated under management.

Key Selling Points

  • Established brand
  • Low Overheads
  • Long term Management and Staff in place
  • Strong year to year Sales
  • Low Rent
  • Long Term Lease in place
  • High Profit Margins
  • Clean financials
  • No Competition

A major supplier of bolts/screws/fasteners/nuts to thousands of business and tradesmen in the construction, manufacturing, marines, mining, chemical, arm services, transportation filming, mechanical and engineering industries.

This business with high-volume sales and high-entry barrier is both a wholesaler/distributor and a retailer providing a large range of nuts/bolts/screws & fasteners. All being supplied from its conveniently located outlet.

One of the unmatchable niches of this business
is that its products have no expiration date and will always be needed by the above mentioned industries.

Client’s repeat purchasing activity has simply persisted for years, ensuring the long term financial wellbeing of this business.

Contact Henry Chow 0421 040 857 | Alex Cernoy 0459 424 777

Asking $495,000 plus stocks

Ref. no BUY2193

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    Real Estate Agent's
    Henry Chow
    0421 040 857
    Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
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    Alex Cernoy
    Business Sales Specialist
    0459 424 777
    Fluent English. Alex started as a business broker over 20 years ago. He has worked with major brokerages in South East Queensland during that time, as well as interstate. He has a corporate background in IT and Telecommunications (IT&T) having owned and managed various IT&T firms. Alex is very professional and experienced in all areas of business and looks after South-East Queensland including Brisbane and the Gold Coast. Alex has sold and consulted in mergers and acquisitions in excess $90 million which included major Lighting Distribution Businesses, Large Electrical contracting Businesses, and Major Tyre Businesses.
    Read More

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