Listing status: Inactive

Payment not completed Reason:

Work Wear Alice Springs

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

Annual Revenue Approaching $2 million 37 Year Trading History

Work Wear Alice Springs specialises in corporate uniforms for local Central Australian businesses and retail sales of Work Wear and Safety gear including footwear and high visibility clothing. They have been a principal supplier of the Alice Springs market for the past 37 years. Their clients range from Pastoral and Mining companies, Government Departments, Indigenous organisations, The Central Australian Business Community and a wide range of general retail direct to the public. The business is an independent retailer and free to stock the brands and products most relevant to their customer base. They also offer a comprehensive onsite embroidery service for customised design and logos for local businesses.

Key points of the business include:
* 37 Year trading History
* Exceptional rental of only 4% of current Turnover with negotiable lease for new owners.
* 3 Embroidery Machines with a total of 13 Heads the most capacity in Central Australia
* Extensive portfolio of designs and local logos
* Very profitable business showing an exceptional ROI on 2021 FY trading figures despite Covid
* Experienced staff members already in place
* Independent business no franchise fees or restrictions on what can be sold.
* Very diversified customer base Pastoral, Mining, Small Business, Government and General Retail
* Significant value of Plant & Equipment and Stock in total purchase price Significantly asset backed value

Seeking EOI above $250,000 + SAV (Approx. $500k)

It is rare that a buyer has the chance to purchase 37 years of Goodwill and Client Relationships. This is a strong business with limited local competition, significantly protected by geographic barriers. Call Andrew Hahn on 0413 013 367 today or email andrew@tbsav.com.au for more information.

TBS - Licensed Agent AL1041 19 Smith St Darwin NT
Know someone that could be interested in this?
Asking Price:
$250,000
Yearly Profit :

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Country

Australia

State

Northern Territory

Suburb

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Postcode

0870

Locality

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Established on

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Advertiser Details
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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.

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