Business For Sale Warriewood, New South Wales 2102
Business Category General Retail Import Training Wholesale
Exclusive distribution rights in Australia and NZ for the right to sell Rescue Training Manikins imported from the UK.
$990,000 + SAV
Description
Exclusive Distribution Rights Of Rescue Training Manikins - Australia And New Zealand
Why you would want to buy this business:
- One person operation (or expand)
- Virtually no competition - we have about 95% market share.
- Very niche
- Exclusive contract with the supplier
- All sales are from Government Agencies, no dealing with the public!
- No experience necessary! I didn't even know this product existed before I bought the business.
- Can be located anywhere in Australia
- Established supply chain, all runs smoothly and semi-automatically.
- Easy hand over. I will work with you to ensure a smooth transition.
- Easy hours. I work 10am to 4pm or from home. (Of course, extra hours would translate to more money!)
The Product:
The Manikin is designed to replace the 'volunteer' in hazardous training scenarios. Ranging from 5kg in weight, up to 100kg (even a 260kg Bariatric!) Can be used in water, on land, at height and in high temperatures. Currently about 50 different variations. Extremely tough and well made, used by all the emergency services around the world; Australian Navy, Defence, SES, Fire and Rescue etc.
I also have distribution rights for two other water rescue products, but these only make up about 5% of total revenue, but huge opportunity to expand on this.
The Business:
Established in 2007, I purchased the business in 2015. I run this business on my own, although I do now hire someone on a casual basis to fulfill the orders, your choice. In 2023 we were voted Distributor of the Year, from a total of 54 distributors!
I operate from a warehouse of approximately 150m2. When I bought the business I also bought the warehouse and all equipment, that option is also available if interested. Our warehouse is on the Northern Beaches in Sydney.
As I work on my own, it's important to have good systems in place. I have a great ecommerce platform with websites in Australia and NZ. A lot of the administration is automated.
We import directly from the UK by sea, usually about 10 pallets each shipment, which is about 90-100 manikins. We normally keep about 200-300 manikins in stock.
We have an excellent relationship with the supplier in the UK who are extremely pro-active in helping their distributors around the world. About every 2 years a distributor conference is held in the UK to discuss all things manikins!
We sell direct to customers, and through an established reseller network. All sales are from public funds, Defence, SES etc, this makes the business virtually recession proof.
Annual revenue about $1.2M, profit about $515K. Sales have increased every year. Sales even increased during Covid, there are not many businesses that can make that claim!
Reason for Selling:
It's time to retire. I've loved running this business but it's time to move on before I'm too old to enjoy it!
The phrase 'unique business opportunity' is used a lot, but in this case, it really is unique.
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