EST 19 YEARS – RECREATION VEHICLE INDUSTRY

Asking Price: $120,000 plus SAV (estimated $250,000)

Listing Number: 4000

 

Imported products targeting the RV market throughout Australia. Products are considered “best of breed” and are manufactured by large innovators in the biggest RV market in the world. Local manufacturers, dealers and installers are the many loyal recipients of products which are manufactured to Australian Standards. The growing Australian and Foreign tourists, using towable and motorised vehicles are the market served for more than 19yrs.

 

Under management but an owner operator would earn an extra $160,000 per annum approx. Average net profit to owner operator is over $200,000 over 3 years. Currently net to owner operator of $76,000 in first 3 months of this year.

 

The business is fully managed but suffered some system failures resulting in a downturn in the 2019 year. Actions taken with specialised assistance in early 2019 has seen a significant turn around of fortunes with the YTD ending Sept 2019 showing a $76,000 net to owner operator.

 

The owner has exceeded the retirement age by a very handsome margin. He rarely participates in the business and has become used to his leisure time. After 19 plus years in business he is very keen to sell this “fun products” business. A business with easy operating hours, closed Xmas, and with some of those hours being leisure time in the interests of research – “tough life but someone has to do it”.

 

Plant and equipment is estimated at $34,000. Very modern systems are bedded down, as are the loyal staff of which there are 4 in total. All this resides in a modern warehouse in East Brisbane. The business is relocatable. Customers are Australia wide but are located predominately on the eastern side of Australia. The current premises have spare capacity if a buyer wants it for growth. The premises lease is flexible and if a buyer wishes to relocate this may prove useful.

 

 

Asking $120,000 plus SAV (estimated $250,000)

 

Gary Dutton 0407598112

Agent

Gary Dutton

0407 598 112

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