LINK Business Brokers Australia

About this Business for sale in Launceston - Greater Area

This is an outstanding opportunity for an ambitious and mechanically minded entrepreneur to take advantage of the resurgence of the sewing industry which has seen an increase in demand in recent years. It would also suit an existing operator looking to expand their market to include Tasmania, and leverage the business's success achieved over the last four decades.

During this time, the business has outperformed and outlasted its competition. As such, it is now only one of two sewing machine centres in Tasmania, and the only one in the north of the state. They offer sales and services for both domestic and industrial machines statewide. 

After 45+ years of operating the business, the owner would like to retire. During his tenure, he has cultivated a significant amount of goodwill for the business and an excellent brand reputation that has resulted in a large number of repeat clients. Due to the business’ reputation for an exemplary customer experience and technical knowledge, it has derived a substantial amount of benefit from word-of-mouth referrals.

Features:

  • First time on the market
  • Genuine reason for sale, owner seeking retirement
  • Take advantage of the industry upturn post-Covid-19
  • The current owner has offered to train the purchaser if required 

Bargain price $185,000 WIWO includes goodwill, fixtures, fittings and stock.

Prospective purchasers are encouraged to carefully consider this opportunity which is positioned for further success.

Broker: Jenny Graham
Phone: +61 (03) 6135 4446
Mobile: +61 0419 448 677
Email: jenny.graham@linkbusiness.com.au

To complete an online confidentiality agreement visit this business at: 
http://www.linkbusiness.com.au/TA00177

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES CONCERNING THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #TA00177
Profit*: Refer to broker
Sales Revenue: Refer to broker
Launceston & Northern, Launceston - Greater Area
Services, Machinery
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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