Business Sold Sydney, New South Wales 2000
Import / Export Wholesale, Distribution & Design Of Homewares – Own Brand
Import / export wholesale, distribution & design of homewares – Own brand
This business is a well-known market leader in their industry and would suit someone creative and passionate to promote the products as there is currently more that could be done in terms of outbound sales - there is currently no sales staff.
Exceptionally well organised and with a strong reputable brand and strong operational foundation in Australia and Europe, this business is now ready to take its European expansion to the next level.
Minimum Profit (including add backs / owners wage) = $255,000
Stock = $125,000 approximately
FY15 Turnover = $480,000
FY16 Turnover = $1,046,000
FY17 Turnover = $1,100,000
This business has a very strong and growing brand which is growing across Australia and Europe:
• Latest trend affordable designer homewares that customers love to buy and retailers love to sell
• High quality product standards in place – great production processes and supplier relationships
• Runs off Surplus Cash Flow – self funded growth and expansion from cashflow
• Minimal Staff – Vendor + 3 full time very capable and dedicated staff
• Modern Spacious Premises – can be run from almost anywhere
• Vendor Support – handover training will be extensive, depending on buyer’s requirements
• Systemised & Automated – walk-in and benefit from the significant time and financial investment made thus far
• Excellent Products – inventory never expires - only quality stock on hand
• Modern eCommerce platform – SEO, CRM, Emails, Reports, Sales and Inventory all integrated into a master system. Easy to use and update.
• More than 4500 very loyal customers on Main Database of which over 300 are wholesale – well established however not being used to full potential
• Great Conversions – 36% of database have purchased recently
• High Repeat Business – over 90% of sales are from repeat customers
• Secure & Dynamic – well known and respected brand in the industry, a brand media, customers and stores trust
• Travel Opportunities – visit suppliers and trade fairs around the world
• No Weekends – Monday to Friday
• Huge Social Media following
• Large and valuable PR database including all main industry contacts in Australia & some in Europe
There are countless ways to grow and scale this business quickly including: marketing, advertising, hiring sales reps / staff, exporting, affiliates / referrals, new / upsell product lines, white label product development and commercial projects, trade fairs here and overseas, social media, retail promotions – the IM details each of these easy to implement opportunities (and reasons why Vendor hasn’t).
The Vendor is ready to sell immediately and seeking offers of $399,000 + $125,000 stock. The Vendor is available to provide handover training, 6 months of complimentary phone support and the Vendor is willing to stay on as a consultant if required.
If you are interested in buying this business and have finance in place please call Rad Benicky on XXXXXXXXXX or in business hours XXXXXXXXXX
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