THIS BUSINESS HAS BEEN SOLD
A total hose and hydraulic fitting service for agricultural and larger machinery.
Apart from oil and pneumatic systems the business supplies various types of connections and hose fittings for the general car as part of their over the counter sales.
Major part of the business service work is …
- Earth Movers
- Agricultural machines
- Food grade hose, fuel hose, ducting and repairing hydraulic and pneumatic cylinders
- Repairing pumps and compressors,
The business also enjoys strong over the counter sales.
35 years strong and in the hands of current owner for 9 years the business is gradually increasing profit and sales.
With additional sub-franchisee / contractors, Vendor advises sales would increase a further $100,000 plus in the Western part of his nominated territory with an additional $100,000 in the Strathbogie area and untold sales in the Southern area down to Broadford and Mansfield
The Hose Doctor is a mobile on-site service 24/7. Each mobile unit is owned by the sub-contractor and operates with very little cost.
Whilst the business is a franchise, it none-the-less generates a very healthy net profit to the owner.
What this business needs now is 2 – 3 more contractors to send sales through the roof and an owner not looking forward to retirement
- Sales 2018 – $545,330
- Gross profit – $453,364
- Net Profit – $136,786
- Rent rates & taxes – $30,364
- Easy to operate
- Very large territory (Jerilderie to Puckapunyal and Echuca to Benalla and down to Broadford and Mansfield
So much more untapped opportunity
- Good level of operating stock
- Strong over the counter sales
REASON FOR SALE….
Vendor wants to retire; both he and his wife want to return to their country of origin
For further interest,
Peter Troy 0412 33 00 77