Business for sale in NSW , MID NORTH COAST
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| Broker Details: | Broadway Business Brokers |
Mobility Aids
Financial summary
Sales revenue: 500,000
Net profit: 140,000
Furniture/Fixtures value: 25,000
Inventory/Stock value: 100,000 + Hire
Business description
This is a rare opportunity for the astute operator to purachse a highly respected business which currently operates from two locations aproximately 100 kilometers apart. Both businesses are located in prime CBD locations and are situated next door to complementary medical related businesses which directly feed customers through the doors of these stores.
The area was selected for the businesses because of its ageing population with around 55% aged over 50. The choice has proven successful with the locals who love dealing locally with people who not only supply the probucts but can also service them when required.
The businesses specialise in mobility aids for the elderly, such as electric scooters, electric lift chairs, beds, wheelchairs, walking aids, hoists, back and neck braces, underlays, shower chairs and over toilet aids.
In addition to mobility aids, they also stock a comprehensive range of exercise equipment such as treadmills, exercise bikes and weights.
Both stores are located in coastal towns on the Mid North Coast where the moderate climate varies between 20C and 32C in summer and 8C and 21C in winter. The area is excellent for sailing, fishing, surfing, golf, sightseeing, hang-gliding, with great beaches, mountains, rivers, cafes and arts and crafts centres.
The business commenced in 2004 and has shown growth each year with current turnover around $750,000
The purchaser of this dynamic business has the first option within the lease, to purchase the freehold or remain on as tenant with the existing lease having 5 years remaining.
The current stock level for the two stores totals between $90,000 and $100,000.
General Information
Employees: 2 casuals plus owners
Trading Hours:9am - 5pm Monday to Friday Saturdays by appointment only
Other Information
Support Traning: 2 weeks trainingReason Selling: Relocating to Sydney for their children\\\\\\\\\\\\\\\'s sporting activities





