*** SOLD ***
Profitable Specialist Paint Centre,Sunshine Coast
R600,000 excluding Stock and VATListing: #13924
About this business for saleProfitable Specialist Paint Centre,Sunshine Coast
This well-established, very profitable “Top Brand” specialist paint centre has been owner run for over 7 years and it is well positioned in this very popular coastal town.
This specialist paint centre has a strong customer base and sells paint to the general public and contractors. Automotive Paint is also stocked and sold to the panel beating industry.
The business is a preferred “Top Brand” supplier and an agreement is in place whereby commission is paid on paint supplied on customer orders made direct with the manufacturer and incentives are also paid on achieved sales targets.
The business is operated from leased premises and the 2-year lease was renewed in December 2013 with an option to renew for an additional 2 years.
The owner has taken a decision to sell and to assist her husband with his growing business. This has created a perfect opportunity for a serious buyer to acquire this business.
The asking price is R700,000 (excluding VAT and Stock).
The business has an annual net profit (EBPIDT) of approximately R365,484 and offers a return on investment of 52 % and/or a monthly payback of approximately 23 months.
For more information on this great opportunity, please contact the Listing Broker –
Neville Loader (071 327 5916)