Baby & Pet Product Wholesale Distributor

Business For Sale Sydney, New South Wales 2000

Business Category Children Services Clothing Footwear Manufacturer Pet Shops Wholesale

$995,000 + SAV

Description

Baby & Pet Product Wholesale Distributor

*Potential*

in Australia alone, over $12m is spent on pet products and this market is forecast to continue to grow. The baby products and accessories market is also a growth sector with Australia's birth rate and immigration rate increasing.
With an already established reputation amongst well known retail brands the business has the ability to attract further brands to its stable, increasing revenues. Additionally, it could be rolled into an existing business significantly adding to that business's bottom line.

*Trading Hours*

8am-6pm
50 hours

*Lease*

3+3

*Employees*

7 Employees
2 Part time
5 Full Time

*Reason For Sale*

Retirement

*About The Business*

The business offers a diverse range of products across across two growth sectors and is supported by long term relationships with key international brands. The wholesale/distribution model enables the owner to maintain low overheads, with third party sales groups promoting and selling the products throughout Australia.

*Years Established*

Established in 1997, the current owner saw an opportunity to sign exclusive distribution rights with American and European baby product manufacturers. He initially started with two brands and became the wholesaler/distributor for these brands throughout Australia. The business grew to distribute five well known baby accessory brands until 2013. In 2013, he expanded the business to include pet toys and accessories, adding two very well known brands to his stable.

*Financials*

Period (per Year)

Revenue $354,534

Rent $211,392

Expenses $704,210

Net Profit $354,534
Contact Seller
Jeremy O'Gorman

Bsale ID: 532011

Transworld Business Advisors Manly
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