Business Under Offer Newcastle, New South Wales 2300
Business Category Auto Accessories and Parts Machinery Manufacturer
Under Contract / Offer
Description
Under Offer! Distributor Of Recognised Brand Of Air Filtration Products – B2b Sales Model
Business ID: XB154123
Income to working owner $350K, Genuine opportunity for profit growth
Operating in the B2B market, this business is currently operated (almost on autopilot) as a subset of a much larger business. The 'parent' company has decided it needs to focus all of its resources and energies on its very buoyant core business and a decision has been to sell this entity - one that is very profitable in its own right.
Operating as an importer and supplier of cut-to-size (or full-roll) products the major focus has been on the supply to the Automotive industry. Statistics from Ibis World indicate that in this industry alone there may be over 24,000 items of equipment in Australia requiring products supplied by the company in the Automotive industry alone.
- Can be relocated to any location without detriment to the customer base
- Active customer base 250+ (Eastern Seaboard)
- Low-cost 400sqm premises required (industrial)
- Simple 1 person business as is
- Income to working owner $360K+ per annum
- Expansion would require part-time/full-time assistance
- Non-perishable and non-ageing stock
- Opportunity to expand via intro of simple services
- New market opportunities in supply to Air-Con or Building Services industries
The vendor will agree on a suitable plan for the relocation of the business including initial assistance from the founder of the company. Ongoing advice after settlement can be negotiated with the vendor pre-sale.
The following link provides a video of the current warehouse storage XXXXXXXXXX
This business is simple to operate import/distribution model. High-quality product is sourced from overseas and from Australia and is supplied cut to size or in roll form (as it arrives in the country).
The business can be relocated to any location. In addition to premises, the buyer of the business will be required to supply appropriate racking, a workflow and IT equipment for the provision of invoices and connections to the internet. An estimate of the additional equipment investment required is $50K
Asking Price: The business is available by way of a sale of Goodwill and IP Assets for a price of $795,000. Stock on hand will be an additional cost and the landed cost value is anticipated to be in the region of $190K.
Property Code: 3551
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.