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Marine & Equipment Retailer

Sydney, Australia Retail, MQ 605
Marine Leisurecraft and mower retail sales in NSW. Established in the mid eighties by its current owners, this business has evolved to be a major sales and service provider of domestic, semi commercial and commercial outdoor power equipment. This is the largest dealership in Australia for the sale and service of leisure power boats, commercial, LCE and domestic power equipment and aquatic and watersports accessories.

The current leasehold premises were purpose built and opened in 2007. Comprising showroom, workshops and offices- 7,745m2 and carparking-5,522m2 with the following key operational elements: Exclusive and diverse product range Extensive Client Database Experienced management systems and staff Strong business brands and reputation For more information contact Paul Nielsen on +61 408824122 or pauln@avantiacorp.com.au

Price
AU$ 3,250,000

Revenue
AU$ 9,686,000

Projected '08
AU$ 11,623,000

Projected
+20%
Net Income
AU$ 940,000

Projected '08
AU$ 1,120,000

Projected
+19%
Operation
Commenced
1986

20 Staff

1 Location
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Opportunity            
 
Indicative
Apportionment
of Value
   
Half share of business
$1.25M
Stock (as at March 08)
$2M
 
Revenue
07 annual revenue
43% Other
31% Mover Division
26% Marine Division
Expenditure
07 expenditure
73% Cost of Goods
17% Wages & Expenses
8% Rent
2% Management Fee