Paint Product & Equipment Outlet #079
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Trade Depot Made Nearly 100K in net income the first quarter of 20/21! With the Net Income Being up by a Massive 25.88% This is a Popular Distributor & Supplier of Everything Paint. Enjoying High Volume & Repeat Purchasing, Painting Companies & Trade Clients (Mainly Paid Upfront), Couriering Product Orders to Clients Throughout the Greater Brisbane Region. High Gross & Net Income Yields… Staff Can Manage, if Owner is Absent! Net Income $92,074.75 Jul-Sep 2020 (3mths), Owner Operated.
• Established for the last 2 ½ decades, this owner is now ready to retire from this business and industry. This being a boon for a new owner stepping in at this highly profitable and organically growing juncture. The staff in place can manage this operation in the owner’s absence (staff being multi-skilled). Not only enjoying a high overall gross and net income margin, per transaction, thanks to highly advantageous product supply negotiations, and buying group membership. There are hundreds of trade & end user clients who have remained loyal for the last 10+ years. Having a diversity of clientele across a myriad of trades, this being a highly popular and centrally located trade centre. Why not enjoy this organically grown - no marketing or advertising required business. Its massive 25.88% growth in net income, little own its sales volumes to date, is due to its many multi-generational clients, who know that this is the place to source all their painting product needs. Catering to home renovators, improvers, commercial trades and new builds.
• There is such a high number of active clients who simply return daily and weekly.
• Being so well positioned, aids in retaining and welcoming return and loyal clients, again and again, plus their referred contacts. Its product supply and client transactions are not even geographically limited.
• Delivering paint and associated products/equipment the same or next day, via in-house delivery or courier. For a company of this size and with this total sales volume, it is surprising that such a high percentage of its business clientele pay upfront. Not being provided credit accounts. This makes this operation cash flow positive and highly supportive of this owner’s financial interests.
• The DIY trade segment of the market has also dramatically increased over recent years, thanks to COVID-19 and TV shows like the Block, being popular. Being the proud owner of 25+ years of trade momentum, client trust and supply of a diversity of major brand paints and products, this has grown to become one of the largest trade businesses of its kind within its area.
• Even other major corporate businesses such as Bunnings staff, refer clients this way. This business is proud to have a very diverse product supply and client base. Not much that they can’t source for a client. Being a preferred supplier to many companies, who are responsible for building, painting and general infrastructure within this large and fast growing region.
• The demand of clients continues to grow, all due to the population growth being experienced within south east QLD. With an enviable cash flow, and posting this highly profitable net income result, this long-term success rests on being attractive to a variety of different trades and market segments.
• Being so conveniently accessible and being member of a major, national buying group, it can be as price competitive, while remaining independent. Still doing what it wants and needs to do. Value for money prices are offered, without it greatly impacting its overall annual returns. The staff are highly knowledgeable (this owner doesn’t have a trade/industry background). You can choose to focus your free and flexible time on business development, as there is ample “low hanging fruit” to get your hands around and transform into bankable dollars. This would simply add to the large amounts of money, already washing through this investment, constantly – largely organic growth, thanks to its near 3 decade stature within the local business and wider community.
• Again, this business has the ability to protect your financial interests, as well as your lifestyle wants. When you are aligned with the right suppliers, the right brands, and the right type and quality clientele, this creates a base where the “crank” doesn’t have to be turned to produce new sales.
Existing clientele, word of mouth referrals has taken care of the profitability, adequately. The prime and prominent location, existing buying base returning often – even like clock-work, and on-going referrals received enable this business to enjoy a very minimal advertising budget, and yet, still generate millions in sales! Enjoy the fruits of this robust and profit inspiring operation. Being so firmly entrenched within the paint industry, enjoy the best part of diversity…Having so many paint company’s reliant upon this supplier keeps you financially secure! Now, due to genuine health issues, only $339K + SAV ($110-120K)
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