Profitable Total Tools for Sale - Inner Melbourne

Industry: Home/Garden - Homewares/Hardware, Retail - Retail Home, Retail - Homeware/Hardware, Home/Garden - Homewares/Hardware, Retail - Retail Home, Retail - Homeware/Hardware | Listed by: Eden Deal Network

Long established - Perfect for a strategic buyer or savvy acquirer looking to expand in a lucrative industry


Key Strengths:

  • Revenue of approximately $10 million and growing
  • Highly profitable with consistent year on year growth
  • Excellent lease and franchise terms

About the business

For the first time in its history, Total Tools is excited to offer an existing store to the open market in Inner Melbourne, located in a growing commercial and well-established residential area.
 
Fantastic opportunity for someone wanting to invest in a profitable business with best in class franchise support.
The owner has grown the business over the years and now looks to a well deserved lifestyle change.
 
Excellent customer base, with a solid record of retaining existing customers and attracting new clients for over 30 years.
 
The owners continue to see turnover climb year after year and have recently relocated to a prominent and highly visible location, which has now elevated the business turnover to the next level.
 
This is your chance to join Australia's leading tool retail franchise in a tightly held market with a store that continuously rates in the top 10 in the country for turnover!
 
Total Tools is recognised for its extensive range of professional tools, knowledgeable service and advice and its first rate approach to customer service.
 
Key features of the business:
 
  • Revenue of approximately $10 million and growing
  • Excellent lease and franchise terms
  • Operating from a recently refurbished, large retail/industrial premises, with ample parking space the business has great capacity to expand further.
  • Highly profitable with consistent year on year growth
  • Store stock 7000 products day-to-day with access to an additional 60,000 products nationwide
  • Unrivalled in-store expertise in industrial and commercial tools
  • Professional in-store merchandising and layout, setting industry standards
  • Buying power built from years of positive supplier relationships and collective purchasing
  • Operational support and business information systems
  • Ongoing marketing support and NO marketing fees, in fact Total Tools helps to fund local area marketing activities
  • Full training and ongoing support in all areas
  • Experienced management and stag in place
  • Current owner will provide training and management handover to new operator.
 
Perfect for a strategic buyer or savvy acquirer looking to expand in a lucrative industry
**Images Used for Illustration Purposes Only
 
Contact +613 8658 2292 for a confidential discussion
 
For further information on the business or to organhise a site visit please comlpete the NDA/Confidentilay form here 
Know someone that could be interested in this?
Asking Price:
$6,000,000
Yearly Profit :

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Website

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Country

Australia

State

Victoria

Suburb

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Postcode

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Locality

Melbourne - Inner metro

Established on
February 1951

Revenue

$Yearly revenue approximately $10 million and growing

EBITDA

$Highly Profitable

No. of employees

Lease period

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Stock


Advertiser Details
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Australia
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  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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