Newcastle
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R&H

Newcastle, NSW 2300

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    Sold for $320,000 (Jun 29, 2022)

    BE YOUR OWN BOSS - ON GOING WORK AND REGULAR CLIENTS IN PLACE!

    Established for over 40 years a rare and unique business opportunity exists. This one-person operation continues to service the wider Newcastle and Hunter Region with the exclusive distribution of Wynn's brand of automotive products. With a diverse range of customers, the business has a long list of mechanics and new car dealerships on its books (over 170 active clients). Known for reliability and great service this distribution business has developed an extensive list of long term clients by offering market leading Wynn's quality products. The opportunity exists for a new owner/operator to continue the business in its current capacity or look at the option of further growing the business and expand the product supply line even further. Approximate turnover is consistently $500,000 plus per annum with an approximate income/profit of $100,000 per annum for an owner operator. A normal week is just 4 days with the 5th day mostly used for invoicing and ordering stock etc. The distribution area covers as far South as Toronto (Lake Macquarie), the Maitland and Coalfields region, inner city suburbs of Newcastle (Adamstown, Islington, Sandgate), as far West as Merriwa/Scone and as far North as Tea Gardens/Hawks Nest. With only basic automotive industry knowledge required and no HR license (the current owner is driving a Hyundai "i-load" van) this is a great opportunity to takeover an established home based business with minimal overheads (e.g. no rental expense). The owner is planning semi-retirement and is happy to assist with a comprehensive and streamlined handover/transition to ensure the business' ongoing success. A great opportunity to secure your long-term future!

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    avatar Brad Wallace
    Brad Wallace
    Managing Director | Residential, Business & Commercial Sales

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    Property Info:
    • Property ID: L17355891
    • Property Type:Distribution

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