About this opportunity
Zapps Bi-Rite Home Appliances are a locally owned and operated electrical appliance store in Charters Towers, North Queensland. With Charters Towers being on the cusp of a high growth period, this business is the perfect opportunity to get ahead of the growing demand in the market with an already considerable income.
Business Story
Zapps Bi-Rite Home Appliances sell electrical appliances from all the major home appliance brands. The business provides Charters Towers with any product that their household may need, whilst also giving them an excellent service experience along the way. With their great local reputation, they have built themselves a loyal customer base which can be seen through their glowing reviews on Google. Having a loyal client base returning for the fantastic service has allowed the business to excel and generate an impressive net profit.
The business is run out of a shop space on Gill Street in Charters Towers City, this location serves also serves as a showroom for their extensive product range. Being in a high traffic area gives them great street frontage and easy access for foot traffic to stop by and see the latest range of products they have to offer.
There are growth opportunities with the business by simply buying it now, currently there is a large military facility being built nearby in Greenvale, as well as Charters Towers being the gateway to a large mine run by Bravus (previously Adani). Charters Towers is seeing some fantastic growth as a region, and this will only continue with all the scheduled projects in the pipeline for the area.
After the business becomes yours, the current owners will gladly give you a generous period of tuition to ensure you are accustomed to running the business and understanding the services when the time comes. The tuition will run you through everything you need to know behind the scenes and allow the business run optimally for your takeover.
The current owner of the business has been running it successfully for 18 years now but have decided it is time to step back and semi-retire. If this profitable home appliance retailer interests you, give us a call today!
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Denny has a long career in all forms of business including Corporate Management with International and National FMCG organizations, with vast experience in the fields of Operational Management, Sales and Marketing Management, Franchise Business Management to Small Business Owner / Operator of Motels, Courier and Supermarket businesses.
In 2007 Denny saw the need for a good communicator with a strong understanding of business operation to offer a Business Broking service second to none. Denny's combined experienced gained over many years in the Corporate world and small business ownership has taken Business Brokering to new heights with with the Business Sales Group that includes NQ Business Sales, CQ Business Sales FNQ Business Sales and SEQ Business Sales, a very automated business utilizing technology to gain reach with unprecedented response in offers, time and product in the most professional manner.
Denny's focus is to satisfy Sellers and Buyers during transactions to deliver only good outcomes. In addition to this grow the business base and maximize the use of latest technologies to deliver a quality product.
Phil started his working career in purchasing with large and multi-national companies in Sydney.
A family relocation to Bowen in 1974 was the catalyst to owning his own business.
Phil has been in various businesses from Pest Control to Delicatessen/Takeaway and has for the last 39 years built a wholesale business that has served Bowen, Whitsundays, Mackay and the Coalfields, from 1 truck and himself to 6 trucks and 15 employees.
This has given Phil a very solid knowledge of the area from Bowen to Rockhampton and what it takes to thrive in business there.
Phil has a strong knowledge of business and business practices built through the process of growing his own business as well as time spent on State Franchise Council and dealing with the many changing government policies in those 39 years.
The process of selling his own business has shown Phil the real need for a locally based business broker, easily contacted and heavily focused on the Central Queensland area, which has led to his involvement in CQ Business Brokers.