Mildura VIC 3500
$250,000.00

DESCRIPTION

Phone enquiries - please quote property ID 35239.

WIWO - Refrigeration / Appliance Repair - High-Performing

This thriving family-owned business boasts an impressive profit margin of 25% for the 2023/2024 period, presenting excellent growth potential. The Team consists of an Office Supervisor with extensive experience and knowledge of the business, an Appliance Technician, a 2nd-year Refrigeration Apprentice and 2 fully qualified Refrigeration Mechanics; one being a partner in the business.

Their core services include Whitegoods repairs, split system installations, and the sale of refurbished white goods. Notably, the business has established commercial service agreements that account for 25% of its operations, transferable to the new owner.

The business has primarily relied on word-of-mouth along with social media campaigns, with a modest marketing budget of $900 for 2023/2024, so there is ample opportunity for significant sales growth through increased marketing efforts across various platforms.

The business has achieved an impressive revenue growth of 61% over the last five years and with expansion into spare parts retail sales, enhanced commercial sector repairs, and boosting split system installations market share and increased advertising, the sky is the limit for the new owners!

You have the option to either purchase the business WIWO and lease the current space or opt for freehold purchase.

WIWO ;
- 3 x Vans, 1 x Ute (All with racking, stocked with tools and hight turnover parts)
- Split System Installation enclosed Trailor
- Workshop Stock Parts,
- Refrigant Cylinders & Refrigeration/HVAC Tools
- Artick Business Licence
- Workshop tools/Equipment
- Stock of Reconditioned Items for sale,
- Stock of Items to be assessed for sale,
- Office Furniture, Equipement, Computers, Phones, Cash Register etc

Start 2025 as the Boss of Two Rivers Refrigeration!

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