THRIVING SOUTH WEST EXCLUSIVE DEALERSHIP - 44 YEAR LEGACY - MINIMAL GOODWILL

2 days ago

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Glenn McTaggart
 

Summary

MINIMAL GOODWILL WITH $500,000 OF STOCK, PLANT & EQUIPMENT LOCATED IN A THRIVING SOUTH WEST TOWN THIS BUSINESS IS READY FOR NEW OWNERS TO TAKE IT TO A NEW LEVEL.

Net Profit

$247,000 pa

Location Details

South West WA

About the Business

This dealership has extremely strong relationships and sole agency agreements with the majority of the suppliers that go back many years.

The growing list of customers currently numbers approximately 5,800 with 60% repeat business with no one customer representing more than approximately 4% of the annual sales.
The business is in a very fortunate position being the only dedicated outdoor equipment supplier and service centre in the region.

Net Profit – $247,000 Stock – $400,000 Plant & Equipment – $100,000 Goodwill – $75,000

This dealership is primarily in the business of selling and servicing high-end brands of outdoor power equipment, such as mowers, ride-on mowers, generators, chainsaws, trimmers, blowers, and other related products. Also offers a range of services including equipment sales, maintenance, and repairs.

The dealership has sole agencies for high-end brands including Stihl, Honda, Cub Cadet, Rover, Briggs & Stratton, Dewalt, Wolf Garten, Stiga, MTD, and Victa.

This business was founded back in 1980, actively trading for a remarkable 44 years. This longevity speaks volumes about the resilience, dedication, and profile of the business.

We offer a comprehensive range of outdoor equipment catering to various customer segments including homeowners, farmers and landholders, and supplying machinery suitable for government and contractor use.

The dealership also possesses a significant market advantage by offering comprehensive servicing for all products it sells.

This business exclusively source our products from industry-leading manufacturers renowned for their commitment to quality, durability, and exceptional after-sales support. This strategic partnership with market leaders provides a significant competitive edge, as our competitors simply cannot match the level of excellence offered by these suppliers.

The premises is well-located next to the main retail precinct with easy access, ample parking and convenient transport access.

A very traditional business and has earned their stripes over many years. For a new owner there is a lot of upside within the business through the establishment of a website, the uptake of E-Commerce platforms and click-and-collect retail systems.

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