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Industrial/Commercial Consumables Biz - Strong Growth Potential
This industrial/commercial consumables business has been established for 22 years; it has been owned and operated by current owners for 15 years. It is a highly profitable business that has seen significant growth in 2021/2022 with a 28.91% increase from the previous year. With its enviable working hours (Mon-Fri 9 am-3 pm) and easy-to-run, set systems in place, this is an ideal business for someone looking for a business opportunity with ready-made cashflows.
The business operates from a large warehouse with all the necessary amenities including restrooms and storage facilities. It provides supplies to workshops, factories, mining, transport, medical, and offices, and includes products such as Personal Protective Equipment (Safety Glasses, Dust Masks, Gloves, etc), Washroom Consumables (Paper Towel, Toilet Rolls, Hand Soap, etc), Industrial Chemicals, Industrial Rags, Stationeries, First Aid Kits, etc. There is currently no staff; the owners operate the business - one for 6 hours a day and the other for 3 hours a day (Mon-Fri).
With an existing customer base, a strong supplier network, and long-term customers, there is real potential for further growth and expansion. Interstate expansion, entering the digital space, and improving the business' range of services are all viable ventures that could positively impact the business. Further, the current lease is until 31/1/2024 with an option to renew for another 2 years.
This is a great business opportunity with clear avenues for growth, an excellent reputation, an outstanding brand, and ongoing referrals. It suits someone looking for a low-effort business with a stable income and potential for future returns. The owners are also able to provide a handover period and will be happy to guide the transition into the new owner/s' hands.
Price excludes stock at valuation.
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Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.