SOLD by Roy Levy.
This business is one of only a handful of retailers nationwide specializing in the sale of Drones, Gimbals, Action Cameras, Dashcams and Mounts, and is Australia’s only Media-Specialist retailer in this category.
It also features a busy in-store drone repair department for servicing, modifying and repairing all drones and related products.
It also boasts an efficient website catering to customers all over Australia.
One of the most respected and experienced retailers of these product categories, it was founded by the current owner 7 years ago.
The unique range of products has been carefully selected and offers a comprehensive variety of brands and products for enthusiasts, media professionals and other industries, all under one roof.
The business remains privately owned and managed, and provides multi-award winning service to customers via the store and the highly regarded website.
Genuine reason for sale – semi-retirement and will be explained face to face. Extensive training and support period will be available to ensure a smooth transition and minimal disruption. Agreements in place with all the main suppliers – fantastic relationships endure. The business has shown an impressive and solid growth over the past 7 years – sales have grown 400% over just the past 4 years!
Solid, profitable business with sound financials and tax returns available to support the figures.
Experienced and well-trained staff renowned for excellent knowledge and support, making shopping an exceptional experience.
A new lease is available if required OR a new owner may wish to relocate to larger premises so the current lease can either be cancelled or extended, providing options for a new buyer.
A popular and user-friendly website with modern e-commerce facilities provides immeasurable support and goodwill, and accounts for about 50% of annual sales.
Sales for the current financial year to date continues to increase impressively anticipated 30% increase on 2016 year.
- Status: SOLD
- Summary: Retail and online sales of Drones, Gimbals, Action Cameras and Mounts
- Code: RN 557
- Sector: Non Food
- Type: SOLD
- Location: Sydney
- Sales: $3,220,000
- Period: Annual
- Net Profit: $356,000
- Rent: $41,000
- Stock: $90,000
- Price: $795,000
- Long Financials: Tax returns available for due diligence
- Staff: owner plus 5 staff
- Lease: A new lease is available