Industry:
Retail
Business Address:
Wembley, WA, 6014, Australia
Click on pics to enlarge.
AD
ID:
B120500006
Asking
Price:
AUD$555,000
Rent:
AUD$1,391,.85/month
Detail
business type:
Cartridge World
Business
Ph:
08 9387 3333
After
hours ph:
0402 999 387
Contact Details
Name:
Mr. Carl Perrozzi
Advertising
Nature:
Private Seller
Company
Name:
Phone:
08 9387 3333
Mobile:
0402 999 387
Fax:
08 9387 3400
Email:
wembley@cartridgeworld.com.au
Website:
Suburb/State:
Wembley / WA
Postal Code:
6014
Country:
Comments:
Features
ESSENTIAL NON-FOOD RETAIL BUSINESS REDUCED AUD$40,000!!!!!
OFFERED
This 5-day business provides an essential service to the public, business, government bodies and a broad range of institutions. Part of a worldwide franchise group, the business has based its success on the fact that it helps customers save money and provides expert advice in relation to ink and laser printers. It has a significant volume of cash sales and a high proportion of repeat customers. This business has exclusive rights (within the franchise group), to target about 60,000 residences and about 10,000 businesses within its catchment area. Some important features are that this 17 year old store generates 54% Gross Profit margin, enjoys low franchise fees, and takes advantage of low lease charges in a highly visible location.
OPERATIONS
The franchise抯 dominant position as the undoubted market leader in its field has been achieved as a result of its mastery of the challenging task of successfully refilling an almost limitless range of cartridges used in printers and other office equipment. Franchise stores also supply a broad range of consumables. The store being sold is located within 5klm of the Perth CBD in Western Australia, on one of the busiest arterial roads that runs between two major business districts. It is well served with street parking on either side of the road, directly in front of the store. This business which has a good mix of commercial and residential customers, enjoys exclusive rights (from within the franchise group) to recruit customers within a 5 kilometre radius of the store.
STAFFING/TRAINING
The business employs one Full-time technician (40 hours per week) and one Casual (12 hours per week); their costs have been included when determining the net profit reported below. No specific skills or qualifications are required to operate this business, and both offsite and onsite training is provided to new franchisees. The current owner is willing to be the Manager of the business until the new owner feels confident to operate the business on their own.
POTENTIAL
The fantastic sales growth achieved to date has been due to this being a well run business and the fact that this recycling industry is still in an early stage of development amongst consumers. This business is now ready to go to the next level; all it needs now is some targeted local area marketing. This business could also open on Saturdays and Sundays, if it suited the new owner.
There is further potential in sales growth from a recently completed Business Park within walking distance of the store, and a major housing development under construction within the catchment area of the store.
This business enjoys the backing of a website and a strong presence in the White/Yellow Pages. As part of this particular franchise group, the business can rely on active advertising support, including the co-ordination of promotional campaigns for all stores.
RETURNS & PRICE
The current owner/operator generated a Net Profit of AUD $207,951 during 2011/12. The business operations are available for sale for AUD $555,000 (a REDUCTION of $40,000!!!! for quick sale), plus stock at valuation (estimated to be AUD $85,000).
