Business Sold Sydney NSW Region, New South Wales
Business Category
SOLD
Description
25 Year Import & Wholesale Business. Owner Retiring.
Highlights of the business
- Nets Owner/Operator - $364,000 PA ( FY23)
- Revenue $1.2m and growing
- 25 years old wholesale only business 250 stockists of their products
- Household Apparel products, easy to store, order and sell
- Owner works 35 hours a week, 44 weeks a year with one two day a week warehouse manager
- Owner is ready to retire
Are you ready to embark on an exciting entrepreneurial journey? Look no further than this established import household apparel wholesale business. With key features that make it a standout opportunity, here's why you should consider taking the reins:
- Profitable: Enjoy a healthy annual income of $364,000 as the owner/operator (FY23). The revenue is already at an impressive $1.2 million and steadily growing.
- Established Presence: This wholesale-only business has been thriving for 25 years, boasting a network of 250 loyal stockists. The demand for their exclusive branded Australian household apparel is unwavering.
- Easy Operations: With household apparel products that are easy to store, order, and sell, the day-to-day operations are a breeze. The current owner works 35 hours a week, complemented by a warehouse manager who handles duties for two days a week.
- Retirement Opportunity: The owner is ready to retire, presenting a golden opportunity for an ambitious entrepreneur to take the helm and build upon the business's success.
- Diversification Potential: While the current sales breakdown stands at 70% household apparel and 30% medical use products, there's room to expand the medical use range. This opens up potential growth avenues, particularly in the niche market of pressure care products for NDIS customers.
- Low Maintenance, High Yield: If you prefer a business that offers a high return with minimal effort, this is it. The owner takes eight weeks of Christmas holidays each year, on top of 2 weeks travel for trade shows and manages orders primarily through email.
- Flexibility: Whether you want to relocate the business or continue operating from the existing premises, the choice is yours. This adaptability gives you the freedom to tailor the business to your preferences.
Don't miss out on this lucrative opportunity to tap into the wholesale household apparel market and potentially expand into the thriving medical use segment. With a proven track record, growth potential, and a low-maintenance operation, this business is ready for its next chapter. Are you ready to write its success story?
Listing ID: NSW11074
Broker: William Dang
Phone: XXXXXXXXXX / XXXXXXXXXX
Email: XXXXXXXXXX
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Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis.
Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW11074
Ref: NSW11074
Timestamp: XXXXXXXXXX 3002
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