Unique Vacuum Service Business with 40-Year History and No Local Competition

Description

Established Vacuum Repair Business on the Sunshine Coast, QLDA well-established vacuum cleaner repair, servicing and sales business presents an excellent acquisition opportunity on the Sunshine Coast. With 40 years of trading history and the current owner having successfully operated the business for 19 years, the business specialises in the repair, servicing and sale of domestic and light commercial vacuum cleaners and related products.Key Highlights:* Market Dominance: No direct competition currently operating on the Sunshine Coast following the closure of seven competing businesses and three Godfreys stores in May 2024* Growing Demand: The recent departure of competitors from the market has resulted in a significant increase in customer enquiries and business turnover* Strong Reputation: Long-standing customer base supported by four decades of reliable service and industry experience* Prime Location: Positioned within a light commercial precinct with attractive lease conditions* Secure Premises: Current annual rent of $29,000, with the existing lease expiring in April 2026* Flexible Trading Hours: Open Monday to Thursday from 8am to 3pm, with service calls conducted on Fridays and outside regular trading hours* Efficient Operation: Currently managed successfully by a single owner-operator* Growth Potential: Scope to increase trading hours and expand into resort and hotel service markets* Retirement Sale: The current owner is seeking retirement after 19 years of successful ownership* Comprehensive Training: Up to 3 weeks of full-time training included, with the possibility of an ongoing part-time arrangement* Relocatable: The business can be relocated to alternative premises if preferred* Prompt Sale: Offers are invited for an immediate acquisitionThis established business offers a new owner the opportunity to take over a highly regarded operation with a proven trading history, loyal clientele and considerable room for expansion. The significant reduction in local competition has created a strong market position and continues to drive increased demand for the business's services.