Morley WA 6062

$690,000.00

Growing and Profitable Mobility Equipment Business for Sale

Phone enquiries - please quote property ID 26578.

Mobility Equipment Dealer- Sales, Service, Repairs & Hire.

This is an opportunity that will suit any buyer looking for a well-established business, with strong returns, quality branding, and systems and processes in place to ensure an easy transition into ownership.

This business has been operating since before 2004, with the current owners operating the business for 12 years. It is centrally located, near one of the largest shopping complexes in WA. Close to bus routes and the future Morley to Ellenbrook train line, currently under construction. It has a spacious showroom and workshop facilities, complimented by two well-maintained and fully equipped mobile service vans.

It is an authorized Shoprider & Redgum Dealer in a growth industry. There is a very strong technical service component to the business, complemented by strong loyalty from local Occupational Therapists, and a large retail customer base. The primary equipment supplier is local and very supportive which facilitates the success of the business model.

Government announcements of increased funding for the aged and disability sector are securing the future and growth of the sector. Financial figures confirm the growth trajectory.
The owners cannot currently keep up with all the loyal and appreciative customers and recognise that the business is growing faster than they can currently manage. This business requires a person who loves friendly customers. An enthusiastic, energetic operator can take this business to the next level.

Owners are very happy to introduce the new owner to the many long-term customers and to ensure a smooth changeover. There is the opportunity to retain technical knowledge for an extended period to assist in continued growth.

Currently operating Monday to Friday 9 am to 4 pm and Saturday 10 am to 2 pm.

The sale Price reduced to $690 000
Turnover figures for the last 3 years show $900k.
Net approx. $300k PA for the last 3 years
Current annual Rent & outgoings are $59872.56 incl GST.
Lease to 2024 – Landlords are willing to extend.

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