Long established – Perfect for a strategic buyer or savvy acquirer looking to expand in a lucrative industry
KEY STRENGTHS
Revenue of approximately $11 million and growing
Highly profitable with consistent year on year growth
Excellent lease and franchise terms
ABOUT THIS BUSINESS
Total Tools is excited to offer a long-established retail store to the open market, which has just undergone a $400,000 upgrade in the Northern Melbourne suburbs!Located in a growing commercial and well-established residential area, the business has been operating for over 30 years and has grown a significant customer base in this time. Total Tools is nationally-recognised for its extensive range of professional tools, knowledgeable service and advice, along with its first rate approach to customer service. This is your chance to join Australia’s leading tool retail franchise in a tightly held market, with a store that continuously rates in the top 10 in the country for annual turnover! Key features of the business:
Revenue of approximately $11 million and growing (forecasted to reach $12 million in 2022)
Excellent lease and franchise terms
Operating from a recently refurbished, large retail/industrial premises, with ample parking space – the business has great capacity to expand further
Highly profitable with consistent year-on-year growth
Store stocks 7000 products every day, with access to an additional 60,000 products nationwide
Unrivalled in-store expertise in industrial and commercial tools
Professional in-store merchandising and layout, setting industry standards
Exclusive supplier for buying power tools – built from years of positive supplier relationships and collective purchasing
Operational support and business information systems
Ongoing marketing support and NO marketing fees, in fact, Total Tools helps to fund local area marketing activities as well
Full training and ongoing support in all areas
Experienced management and staff already in place
Current owner will provide training and management handover to the new operator
Perfect for a strategic buyer or a savvy acquirer looking to expand in a lucrative, highly profitable industry. **Images Used for Illustration Purposes Only Contact +613 8658 2292 for a confidential discussion For further information on the business or to organise a site visit please complete the NDA/Confidentiality form here.
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