Federation Tiles Import & Wholesale Business For Sale

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Gladstone Park, Victoria 3043

$300,000

Key Features

AI generated. Contact seller to confirm.

Specialised import and wholesale of Federation Tiles
Holder of several exclusive federation tile patents
Very high gross margins: wholesale 84%, retail 87%
Supplies about 25 wholesalers nationally, including Tasmania
Warehouse with retail showroom open two days weekly
Business offered ongoing with no goodwill, stock at cost

Turnover: Not disclosed
Net Profit: Not disclosed
Rent/Lease: $150000 annually
Stock Value: $300,000
Established: 1990 (36 years)

Business Details

Business Category Furniture Manufacturer

Specialised in the import and wholesale of Federation Tiles from China.
Location: Close to Gladstone Park
Established by the Founder in year 1990.
Following the demise of the Founder in year 2023, spouse took over the helm.
Warehouse storage also has a retail show room that opens two days a week.
Holder of several exclusive patents of federation tiles.
Very profitable trade.
Work on high gross margin of average 84% for wholesale and 87% for retail.
Supply to about 25 wholesalers nationally including Tasmania.
Spouse wants out and will offer the on going business at no goodwill.
Just take over the on going business, lease of warehouse ,client base and supplier contacts and stock at cost estimated at about $300000.
Premises size- Land 1200m2 and Building 900m2.
Annual rent $150000 . Vendor owns the freeholds and a long lease is no issue.
Ideal opportunity for other wholesale tilers to bolt on this exclusive federation tile import business with exclusive patent rights.
Contact agent Kenny on XXXXXXXXXX for details.