Transworld Business Advisors - Gold Coast North Phone : 0404 07 ****
Jim Roddy
0437 ****

0437 ****


Fully Accredited Tier 1 Solar Range Wholesaler/Retailer Hugely successful

Listing Id : 270633

Location : Queensland - Gold Coast -Gold Coast

Category : Building and Construction, Wholesale Distribution, Import Export

Asking Price : 1,200,000

Business description

The business is located in a large 400 m2 building that incorporates offices, a showroom, large (racked) warehouse and a mezzanine floor (multi-usage). There are ample dedicated car parks for customers as well as additional quite on road parking. Loading/unloading can be easily accommodated via the rear of the building with the use of the companies for lift.

The owners have worked hard to attain impressive credentials and status with suppliers, industry bodies and government departments. Amongst the numerous accreditations they can boast, STC agency, Elite Battery Scheme, and Clean Energy Council approved. 

The new owners have the ability to diversify the current services offered by Coastwide Solar through extra services such as installation maintenance provided to customers. The reputation and size of this business means that it benefits from some of the industries best supply terms. There is however an opportunity to import direct from source and the current owners have these trusted contacts abroad should the incoming owner wish to explore this option.

Equipment is all unencumbered

A new lease will be assigned to the new owner and will commence at the current annual amount of $60,000 (+ GST and outgoings). Given that the building in which the business is located is 400 m2, this equates to a seriously low rate of $150.00 m2

History

In only 9 years, this business has built a reputation for outstanding quality and service. The business model was initially premised by importing solar panels for wholesale/retail. Due to the success of the business, the model has now diversified to included the stocking of major brands across solar panels, batteries and ancillary ranges, with approaches from new local and international suppliers happening regularly.

Potential

• Enhanced marketing – very little focus is currently being placed in this area
• Solar panel maintenance – the business does not offer a ‘periodic’ cleaning option for products installed
• Increased focus on wholesale
• Mid and tier 1 building organisations – not supplied currently
• Increased geography – the owner had plans to expand into the greater Brisbane area, but has now decided to leave this opportunity for the incoming owner 
• Import/wholesale – sell direct to installers and smaller wholesalers 


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