Melbourne VIC 3000
$6,000,000.00

DESCRIPTION

Phone enquiries - please quote property ID 23525

Perfect acquisition opportunity for a strategic buyer looking to expand in a lucrative industry. Continues to perform extremely well

Fantastic opportunity for someone wanting to invest in a profitable business with best in class franchise support.
The owner has grown the business over the years and now looks to a well deserved lifestyle change.

Total Tools is excited to offer an existing store to the open market in Inner Melbourne, located in a growing commercial and well-established residential area.
Excellent customer base, with a solid record of retaining existing customers and attracting new clients for over 30 years.
The owners continue to see turnover climb year after year and have recently relocated to a prominent and highly visible location, which has now elevated the business turnover to the next level.
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 turnover!
Total Tools is recognised for its extensive range of professional tools, knowledgeable service and advice and its first rate approach to customer service.
Key features of the business:
Revenue of approximately $10 million and growing
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 stock 7000 products day-to-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
Buying power 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
Full training and ongoing support in all areas
Experienced management and stag in place
Current owner will provide training and management handover to new operator.
Perfect for a strategic buyer or savvy acquirer looking to expand in a lucrative industry
**Images Used for Illustration Purposes Only

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