Thriving Outdoor, Camping, Hardware, and Automotive Retail Business – VIC

Melbourne VIC
Asking Price $8,500,000
Revenue
Profit
About

Business ID: XB151438

An unmissable investment opportunity with retail stores located throughout Central and Western Victoria

Established for over 40 years, this retail business has grown from a single store to a network of eight successful retail outlets across Central and Western Victoria. Renowned for its vast range of camping, fishing, and outdoor equipment, the business has become a trusted name among outdoor enthusiasts.

Key Highlights:

   -  Consistent Revenue: Averaging $14.1 million in annual sales over the past 4 years.

   -  Strong Profit Margins: EBITDA averaging $0.8 million annually, with gross profit margins improving from 29.5% in 2021 to 40.8% in 2024.

   -  Loyal Customer Base: Deep community ties and repeat customers ensure steady revenue.

   -  Extensive Inventory: Over 10,400 SKUs across diverse product categories, with total stock valued at $6.5 million.

   -  Minimal Competition: Operating in underserved regional markets with limited direct competitors.

Business Strengths:

   -  40+ Years of Reputation: A trusted brand in outdoor retail with strong community relationships.

   -  Scalable Operations: Well-established systems and processes ready for expansion.

   -  Strong Supplier Network: Reliable sourcing from 12-15 main suppliers, both local and international.

   -  Diverse Revenue Streams: In addition to retail, the business offers equipment hire services and has opportunities for growth in e-commerce and branded product lines.

Current owners are ready to scale back from business as part of a retirement plan but are committed to a smooth transition of the business to a new owner.

With strong financial performance, loyal customers, and significant growth potential, this business offers an unparalleled opportunity to own a profitable and reputable business in a thriving sector. Don’t miss this chance to own a piece of Australia’s outdoor retail heritage!

Asking Price: $8,500,000 inclusive of Plant, Equipment, & Motor Vehicles and approx. $6,500,000 Stock at Value (SAV)

Property Code: 4275
        

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Listed By: Last Updated 10 Feb 2025
Contact this seller
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Listed By: Last Updated 10 Feb 2025