BUSINESS FOR SALE > 0851, KATHERINE, NT, Australia
For Sale > High Cash Flow Business For Sale In Darwin
Katherine Business For Sale
| Price: | $80,000 | ||
|---|---|---|---|
| Status: | FOR SALE | ||
| Address: | KATHERINE, 0851, NT | ||
| Bedrooms: | - | Bathrooms: | - |
| Garage: | - | Pool: | - |
| Car Port: | - | ||
| Land Size: | - | House Size: | - |
Watts Electronics Store Tandy Electronics Reseller
The present managing director established the Tandy dealership in 1989 and after 17 successful years wishes to retire.
The store is located in a busy shopping centre and has a 1 million plus turnover with high cash flows. The town of Katherine offers a wonderful lifestyle with low house prices, fishing, swimming, bushwalking, low traffic levels and a full range of amenities.
The metropolitan centre of Darwin is 3 hours drive away on high quality roads.
The business has a stock level which varies from $140,000 to $220,000 depending on the season. To purchase the business only requires a $50,000 capital sum plus $130,000 credit facility. The balance being covered by creditor 30 day terms.
On current trading figures a return of $50,000 is expected for 2006/2007 giving a 100% return on capital before tax plus a managers salary package of $50,000 makes this a very attractive purchase.
With new gold & iron ore mines opening this year in the area the prospects for growth are excellent. All the hard work has been done as the business is fully computerized for point of sale and accounting and the owner is prepared to offer training to any purchaser plus trained sales staff come with purchase.
Contact Details For This Business (AD ID: A0143)
| Status: | FOR SALE |
|---|---|
| Asking Price: | $80,000 |
| Contact: | Michael Smith |
| Telephone: | 08 89721209 |
| Mobile: | 0413 970 040 |
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