Asking Price: $500,000 Including Stock
Take advantage of the opportunity to own a respected retail business specialising in quality power tools, hand tools, accessories, and in-house repair services. Established for over 50 years and under the current ownership for the past 26 years, the business has built a loyal customer base, an outstanding reputation, and multiple income streams, providing strong foundations for continued growth.
Positioned within Melbourne's eastern suburbs, the business operates from a convenient strip of complementary retailers, benefiting from ample service lane parking and easy customer access. The location provides a welcoming environment for trade customers, while also servicing a loyal base of industrial and commercial clients seeking expert advice, quality products, and reliable repair services.
Following a recent relocation, the business is already showing positive sales momentum as customers become familiar with its new premises. This creates an excellent opportunity for a new owner to capitalise on the renewed growth while further expanding the customer base through local marketing and community engagement.
Supported by an experienced team, the business is well equipped to continue operating with minimal disruption during the ownership transition. The current owner is offering the business for sale to retire, presenting buyers with the chance to take over a respected and established business with genuine future potential.
Key Features:
- Established business with over 50 years of trading history
- Proven retail business with diversified income from product sales and repair services
- Well-positioned in Melbourne's eastern suburbs with convenient customer parking
- Strong and loyal trade, industrial, and commercial customer base
- Experienced team including administration and skilled repair technicians
- Active social media presence supporting customer engagement
- Strategically relocated with excellent potential for continued growth
- Retirement sale with strong foundations for a new owner
This is an outstanding opportunity to secure a well-established retail business with proven services and clear upside. Enquire online today to learn more about this exciting opportunity.
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