Platinum Wholesale – Net $1 million (approx.)

$2,995,000

They don’t come any better than this long-established, 5 day per week, wholesale business.

After 25 years at the helm, the hands-on owner is ready for retirement. This is the first time the business has been offered for sale.

The business has the sole Queensland rights to supply a diverse range of high-quality electrical products to industries such as; Automotive, Marine, Motorhomes/Caravans/Buses, Irrigation, Building, Security…plus many more.

This trade only business is an absolute money-making machine! It achieved close to $1 million net profit in the 2018 financial year…from the $3.1 million revenue generated. The past 3 years have averaged 9% organic growth per annum, without marketing or advertising.

One of the most impressive selling points is, this massive profit was generated by one working owner, who is assisted by one other employee (a storeman). That’s right, only one staff member (employed 10 years) costing $42,000 per annum.

The impressive commercial premise is well located and offers generous mezzanine offices and ample storage room. There is a new lease on offer and occupancy costs are less than 3% of revenue.

Full credit goes to the current owner for his achievements, however, just imagine what more you could bring to this enterprise if you introduced a website, invested in marketing/social media or employed a sales rep?

Just like Platinum the metal, this outstanding business is a rarity and offers those who own it exclusivity and wealth that most can only dream about.

Don’t miss your opportunity to invest in this rare business…you may never get a chance like it again.

$2,995,000 plus stock (circa $1m).

Contact Bernadene Ey on 0497 611 017 or Rod Russell on 0409 931 600 for more information.

Attachments

For further details please download, complete and return the Confidentiality Agreement and clearly identify the business you are interested in. Click the pdf icon below to download the Confidentiality Agreement

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