Sold
This business was established by the current vendors in 1991 and has a strong reputation as a leading South Australian retailer of equipment and supplies used in high quality digital printing technology. This technology is the backbone of specialised industries such as photographic, graphic designing, sign writing, textile and promotional printing and architectural services.
With a large and varied customer base, the business turnover is in excess of $3 million per annum and comprises of over the phone, in store and online
sales. The business also operates as a distributor for various national and international equipment manufacturers within South Australia, who provide
the vendors and staff with ongoing training as the equipment and technology evolves.
Trading 5 days per week, with experienced staff who have worked within the industry for may years this business is capable of being run under management.
It is an ideal opportunity for a buyer looking to purchase a business where all of the systems and structures necessary to allow for a smooth transfer
from one owner to another are in place and well established.
At a glance:
Simon Winter 0419 828 689
Goodwill | $160,000 |
---|---|
Plant & Equipment | $100,000 |
Stock at valuation (approx) | $260,000 |
$520,000 |
Year | Sales | Return to Owner | Return on Owner's Investment | Return to Investor | Return on Investment |
---|---|---|---|---|---|
2014/2015 | $3,015,900 | $234,508 | 50.98% | $114,508 | 24.89% |
2015/2016 | $3,212,260 | $308,316 | 67.03% | $188,316 | 40.94% |
2016/2017 | (annualised) $2,491,099 | $280,291 | 60.93% | $160,291 | 34.85% |
The return to owner is a net return to two working owners after all expenses and wages but excluding the vendors’ wages. It is expected that the performance in 2016/17 will be above what is projected because the annualised sales projection is unduly influenced by the impact of the very poor commercial months of December and January.
Current Rent | $7,334.62 per month + GST |
---|---|
Lease Term | 5 years |
Lease Commencement | Settlement date |
Right of Renewal | 1 x 5 years |
Outgoings | Paid by tenant |
Adjustments | CPI annually |
Bank Guarantee | 3 months’ rent |