Sold! Sporting Apparel Company – Melbourne

Business ID: BS155567

Redefining performance wear for athletes & officials. For sale by 'Expressions of Interest'

Australian-owned business founded in 2012 delivering technical clothing to local and national sporting teams, athletes, and officials. Three major supply agreements are in place with key sporting bodies/ events.

- Sales in FY23 of $1.4M

- Adjusted profit to owner-operator in FY23 of $284K

- The business has dressed officials, athletes, triathletes, cyclists, swimmers, and runners at local and national level

- Currently located in Melbourne, the business could be relocated to anywhere in Australia

- Minimal staff, easy to operate and manage business

- Very strong relationship with manufacturers in China

Offers are being sought, including all assets and goodwill plus stock at valuation (SAV approx. $250k).

The current owner is open to a transition period of up to 1 month and willing to consult for a period after that if considered useful.

There are multiple growth opportunities to grow the business substantially and compelling reasons why a buyer might consider purchasing such a well-established brand and business.

This business should be of particular interest to established businesses looking to add an offering that complements their existing business or expanding businesses seeking to acquire a profitable and established brand with highly sought-after supply agreements with three major sporting bodies/ events.

Asking Price: For Sale via Expressions of Interest

Property Code: 3728