Queensland Wholesaler of Appliances & Consumables

Sold - Brisbane QLD

Short Summary

Established Wholesale business with huge potential. Zero weekend work and short day Friday and the ability for the owner to come and go as he pleases.

Key Selling Points

• Established brand
• Short hours
• Flexible hours
• Low Stock requirements
• Strong year to year Sales
• Low Rent
• Niche Industry
• Niche Business
• Preferred Supplier
• Long-term Customers in place
• 90% Repeat Work
• High percentage of organically driven sales
• Large Database of Customers
• Short working week

Established in 2011, this unique business offers niche products to a booming industry. They have very safe, stable and multiple supply chains, so there is extremely low risk as they have multiple options and are not bound by contracts or supply agreements. They are a preferred supplier and have multiple fantastic buying options.

This business continues to turnover millions each year with no hard selling required from the staff or owner. The phone rings hot with orders and all they do is place and organise the deliveries or pickups, and no working on the weekends, plus Fridays are a half day so get your golf clubs ready!!

Fantastic staff in place who can run the day to day, and the owner chooses to work around 5 hours per day 4 days a week and generally has Friday off.

If you are looking for a lifestyle business with massive growth potential but also huge security in the fact they have hundreds of repeat clients, then this is the business for you.

The business is perfectly located one minute from the M1 motorway South of Brisbane, and they have the perfect size facility for what they need.

All in all this is one of the safest, most attractive businesses we will sell this year in this price range, so please act quickly and ask for an inspection to secure this opportunity.

Contact Peter Iffland 0425 216 162 | Tinus Potgieter 0435 448 417

Asking $590,000

Ref. no. BUY2521

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

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CONFIDENTIALITY & NON-CIRCUMVENTION AGREEMENT. Parties: This Agreement is made between Business Classifieds Pty Ltd (ACN 130 005 426) ATF Business Classifieds Trust ("the Agent"), and The undersigned recipient ("the Recipient"). (1) Interpretation: For the purposes of this Agreement: "Business/Property" means the business and/or assets and/or property referred to by the Agent and/or described in any document, advertisement, memorandum, or agreement provided by the Agent. "Confidential Information" means all information, documents, data, forecasts, statements, and material (whether written, verbal, or electronic) disclosed by the Agent or the Seller in connection with the Business/Property, excluding information which is in the public domain other than through a breach of this Agreement. "Seller" means the party who owns or controls the Business/Property, and includes their heirs, executors, administrators, successors, assigns, or any related entity. "Recipient" means the individual or entity receiving Confidential Information, and includes its officers, employees, advisors, agents, representatives, successors, and assigns. Words denoting the singular include the plural and vice versa. Obligations bind parties jointly and severally. (2) Confidentiality Obligations: The Recipient agrees: (a) to keep all Confidential Information strictly confidential; (b) not to disclose any Confidential Information to any person without the prior written consent of the Agent, except to professional advisors (lawyers, accountants, or financiers) who require such information for the purpose of assessing the Business, provided such advisors are also bound by equivalent confidentiality obligations; and (c) to return or permanently delete all Confidential Information, including any copies, notes, or electronic records, upon request or immediately upon the Recipient electing not to proceed with the acquisition of the Business. (3) Non-Circumvention & Commission Protection: (a) The Recipient acknowledges that the Agent is the introducing party and the effective cause of all dealings with the Seller, (b) The Recipient agrees not to approach the Seller, directly or indirectly, or attempt to negotiate, purchase, lease, invest in, or otherwise acquire any interest in the Business/Property, except through the Agent, unless otherwise agreed in writing by the Agent, (c) The Recipient must not: (i) bypass, avoid, or circumvent the Agent in any dealings with the Seller; (ii) assist any other party to do so; or (iii) take any action that interferes with or diminishes the Agent's entitlement to commission, (d) If the Recipient, or any related entity, nominee, associate, or advisor of the Recipient, acquires any interest in the Business/Property, whether directly or indirectly, the Recipient agrees the Agent is deemed to be the effective cause of the transaction and the Agent's full commission is payable by the Seller in accordance with their agency agreement, (e) If the Recipient is found to have breached this clause, the Recipient agrees to indemnify the Agent against any loss, commission, costs, or damages suffered as a result of such breach.*

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all information provided above is true, accurate, and complete;

funds used in this acquisition are from a legitimate source and do not involve proceeds of crime; and

the Recipient will promptly provide any additional identity or source of funds documentation reasonably requested by the Agent.

the Agent may decline to provide services if satisfactory due diligence cannot be completed, and is prohibited by law from disclosing the filing of any Suspicious Matter Report (SMR) with AUSTRAC.

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