Electrical & Whitegoods Retailer
Join Australia’s leading electrical & whitegoods group with established Melbourne retailer
Situated on Melbourne’s superb Mornington Peninsula, this electrical and whitegoods retailer, part of the Retravision group, is your chance to purchase a proven business while enjoying the backing of Australia’s leading electrical buying group.
Established 25 years ago the business offers clients the latest in electrical and whitegoods products ranging from cutting edge audiovisual and computing equipment to top-shelf laundry and kitchen appliances.
Part of the Retravision group the business has access to the group’s unbeatable buying power and trusted name. With over 400 stores throughout Australia, each independently owned and operated, Retravision is a national powerhouse in the electrical and white goods market. With its well-developed systems, marketing strategies, extensive product catalogues and head office support, the group provides the perfect support structure for a new owner stepping into the business.
Having been servicing the local community for over two and a half decades, the business comes with a well-developed reputation and client base. The combination of superior product range and friendly service have helped the business position itself as one of the leading retailers of its kind in the region boasting an annual turnover of $9.5 million.
The 1,450sqm store enjoys a premium position located in the hub of the Peninsula’s main commercial and retail district. Situated in a thriving shopping centre with plenty of nearby parking, the store enjoys easy access and close proximity to main arterials. A long lease ensures the future of the store at its current location.
With its established clientele and market presence the business already generates considerable income. However, a new owner looking for further growth has a range of opportunities, such as development of a commercial clientele, plus capitalising on strong regional growth and Retravision’s expansion into solar electricity panels.
The business and location would be a perfect fit for a family or couple looking for a coastal escape.