Thriving Business in a Major Regional Centre

146 Albany Highway, Centennial Park, 6330

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1,000,000 AUDEst. Mortgage: AUD 7,027/monthFor Sale
  • Ownership Type House
  • Property Area 733 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 16th Mar, 2024

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 4

Property Overview

Albany V Belt & Rubber was established in the mid 1980's. The current owners have been involved with the business since 2016.<br/><br/>The business is regarded as an automotive and agricultural reseller. The business predominantly services the Great Southern area, with the majority of it's clients being based in the Ag sector.<br/><br/>The Ag sector is regarded as very prosperous and important for the business, with the continuing improvement in farm technology supporting strong demand and growth in the business products.<br/><br/>The business has raised it's profile in recent years and readily accommodates the busier seeding and harvest periods within the Ag sector, which has resulted in an increase in clients and business growth.<br/><br/>The product range continues to grow. The owners believe they have the largest range and number of belts and filters within the Great Southern. www.albanyfiltersupplies.com.au<br/><br/>The business prides itself on providing excellent service to it's clients and has a high number of account based clients which it provides a delivery service to, in addition to the walk in traffic.<br/><br/>The delivery truck does 2 road trips each month, covering an area East to Ravensthorpe, North to Hyden, West to Williams and South to Albany. The business focus has been on supporting the workshops and resellers in the country towns.<br/><br/>The delivery truck also directly services a small number of farms, with the potential to grow the business by way of increasing it' on farm service proposition.<br/><br/>The business results continue to improve year in year out and provide a foundation and exciting opportunity for the new business owner to expand the business within the Great Southern region.<br/><br/>The building premises are zoned mixed business and are situated at 146 Albany Highway, Centennial Park, on 733m2, with front, side and rear access.<br/><br/>The business operates with 1.6 FTE equivalent owners as well as 5 FTE employees.<br/><br/>The business insurance covers public liability, building, burglary and theft, glass, motor vehicle, plant & equipment and stock.<br/><br/>The business and premises are offered for sale for $2,500,000 with a breakdown as follows:<br/><br/>• Goodwill $ 850,000<br/>• Plant & Equipment $ 150,000<br/>• Stock $ 500,000<br/>• Land & Building $1,000,000<br/><br/>To discuss the business opportunity further and receive a confidential financial business pack, please contact Joe Galantino on 0428 424 351.<br/>

Location on Google Map

146 Albany Highway, Centennial Park, 6330

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