$450,000 + SAV ($850,000 approx.)
Operating for more than three decades as a genuine wholesaler of automotive accessories, it supplies to both new and used car dealers as well as retail stores specialising in aftermarket parts.
Located just minutes from the Adelaide CBD, it operates five days per week with a team of 7 experienced staff, including two full-time working owners. Annual sales consistently range between $2.5 million and $2.8 million, supported by stock valued at approximately $850,000 and a well-structured warehouse. The business services a regular customer base of 150 to 200 accounts.
It holds long-standing arrangements with major Australian manufacturers and importers and remains independently owned, not part of a national group. This presents a strong bolt-on opportunity for a larger organisation seeking to complement its current operations.
The owners are now in their 70s and looking to retire after a lifetime in the industry.
Simon Winter 0419 828 689
Goodwill | $300,000 |
---|---|
Plant & Equipment (approx written down value) | $150,000 |
Stock at valuation (approx) | $850,000 |
$1,300,000 |