Skip to main content

Shop & Retail business for sale in Townsville City

  • Shop & Retail
  • Townsville City QLD 4810
  • $550,000 plus stock

Townsville Prospecting World, Impressive $400k+ net profit, Est 11 years

Do you have a passion for gold prospecting? Do you want to be your own boss and earn $400,000+ a year? If you answered 'yes' to both of these questions, then this local family owned business is for you!

Business Overview
Townsville Prospecting World is a very profitable business selling gold prospecting metal detectors and associated equipment. Established in 2010, the business is ideally positioned in a high profile, main road location at Shop 11, 260 Charters Towers Road, Hermit Park. The vendors work full time in the business and over the last 11 years, have established a fantastic 5 star reputation.

The large premises have a bright and modern fitout that is only 18 months old and are the perfect size to run this popular store. The business website includes an online store, enabling the business to also sell to customers Australia wide and not just in the Townsville region. Categories include detectors, batteries, books, backpacks, cables, clothing, picks and tools, sluicing, coils, and skidplates.

Townsville Prospecting World is a certified Minelab dealer and authorised Garrett dealer. The new owner will need to be authorised by Minelab as the dealership does not automatically pass on when the business sells. Other quality brands sold include:

Coiltek
Nuggetfinder
DD Leather
Lucky Knuckle
CC Picks

Business Hours
The business currently trades the following hours:

Monday to Thursday: 8.30am - 4pm
Friday: 8.30am - 4.30pm
Saturday: 9.00am - 12.00pm

Profitability
Townsville Prospecting World boomed in 2020 and 2021 throughout the covid-19 pandemic and is currently on track to earn an impressive net profit of $400,000+ for this current financial year.

Areas of Competitive Edge
Many areas of competitive edge exist including:

Very well established business for 11 years
Ideal location on one of Townsville's busiest main roads
High profile position with great exposure to passing motorists
Very high net profit being achieved
Certified Minelab dealer and authoristed Garrett dealer
Premises have a new modern fitout that is only 18 months old
Business website includes a popular online store enabling sales Australia wide
Excellent reputation and loyal repeat customer base
5 star customer rating on Facebook
Ample off-street car parking

Business Price
Townsville Prospecting World is being sold for $550,000 plus stock at valuation (estimated at $80,000 - $120,000).

Contact
To receive our Sale Proposal, please complete our Confidentiality Agreement at www.beyond2000.com.au/confidentiality-agreement.

Business Broker
Susan Butler - 0419 905 463
www.beyond2000.com.au

Susan Butler
Beyond 2000 Business Sales
Susan Butler
Beyond 2000 Business Sales

Business Highlights

Business ID2017063825
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 Jun 2021
Map for Townsville City QLD 4810
Map for Townsville City QLD 4810Townsville City QLD 4810
Looking to buy this business?

powered by

So much work goes into buying a business, so why not let Valiant do the heavy lifting on helping you getting you the finance you need.

Valiant’s digital quoting tool will assess your eligibility and compare products from over 80 lenders, all in a few minutes!

Susan Butler
Beyond 2000 Business Sales
Susan Butler
Beyond 2000 Business Sales

Business Highlights

Business ID2017063825
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 Jun 2021
Beyond 2000 Business Sales
11 Cottesmore Cres Castle Hill QLD 4810
Susan Butler
Beyond 2000 Business Sales
Susan Butler
Beyond 2000 Business Sales

Ask Susan Butler about this business

Susan Butler

Susan Butler

Beyond 2000 Business Sales

Call Broker
0419 905 463
CallEmail