This Business has been run under management for the past 8 years. It is rare to find a business that truly runs without the owner contributing to the operation. A sale is required as there is no family predecessor to the owner.
This business has set record sales through Covid-19 and will have its best year 2020. It is the largest of its type on the Gold Coast and has been established for over 35 years. The management team have been in place for ten years and would like to retain their positions.
Sales for 2018 / 2019 were 1,829,221.49 with a Net Profit EBITDA of $555,506.52. Forecast sales will exceed $2,000,000.00 for 2019 / 2020. Business premises 1,286 m2 Rent $7,213.66 including all outgoings Plus GST. Huge potential to increase Sales & Profitability moving forwards. This is one of the best opportunities I have seen in 22 years of selling businesses.
Asking $1,250,000 plus stock at value approximately $130,000.00
This business will sell fast, great return on investment.