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Property main details

Business For Sale

  • Sold For $322,330
  • Franchise

Specifications

  • Property Type
    Franchise

'Business for Sale - Leading Edge Electronics Geraldton"

Owners want the business SOLD. New Year, New Price.

Peter & Sue Svensson purchased the business Dick Smith Electronics Geraldton in May 2005.

In February 2010 the business was rebranded as Leading Edge Electronics Geraldton due to a commercial decision by Woolworths not to renew any of the Dick Smith Reseller agreements to concentrate on large concept corporate stores.

This has resulted in a better purchasing power through the group but also a conscious decision to move away from the big ticket low GP items eg large tvs. These products have very limited life due to rapid model changes. Instead we have developed niche markets as the opportunities have presented themselves.
The development of our on-line presence has led to an increase in exposure for the business.
The three major agreements held by the business are:

• Leading Edge Electronics
• Jaycar Premium Authorised stockist
• Minelab Certified Dealer

The core categories within the business are:
Prospecting | Telecommunications | Computers | Electronics | Security | Gifts & Gadgets | Telescopes | Hobbies & Toys | Solar & Wind Power | Brown Goods

Leading Edge Electronics has been awarded store of the year on 2 occasions. Firstly in 2014, then again in 2017.

If you would like to discuss this opportunity, please contact Peter Sukiennik on 0418 939 013.

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Leading Edge Electronics Geraldton 6530, Western Australia
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