Business for Sale, Leading Importer, Wholesaler & Distributor

Reference Number: GXR034
Location: Sunshine Coast
Category: Retail / Suppliers / Wholesale

Asking Price: $1,290,000 +SAV
Annual Turnover: $3,236,672
Status: Under Contract

Business Description

• Net Profit of $477,498k average per annum for last 3yrs for 1 owner doing less than 20hrs/wk

• Established for 20 years

• Distributes Kitchenware nationally & internationally

• Products are manufactured in China under an exclusive agreement

• Huge customer base of over 2,000

This is a rare and sensational opportunity for the shrewd investor to take advantage of the current owner selling a very sound business so they can retire.

This business has extremely strong maintainable earnings, a sound financial history, an excellent customer base of 2000 regular customers & exclusive supply arrangements limiting competition. And, of course, it’s very profitable.

This leading importer, wholesaler & distributor offers the entire scope of Kitchenware, including a huge range of pots & pans, quality knifes, restaurant utensils, crockery, cutlery, drainers, picnic kits and much, much more. They sell to a premium customer base of up to 2000 customers including Aldi, Harris Scarfe, Retail Adventure, Howards Storage, Peters of Kensington and many other big names. The items are manufactured in China under exclusive agreement, labelled and boxed by the business and are imported, sold and distributed nationally & internationally by the business from the Sunshine Coast.

This solid business model is virtually recession-proof; turnover is driven by a diverse base of business clients across various industry sectors, who demand these types of consumables year-round, from the hospitality and larger retailers. This diversity of client base means product demand is constant in both strong and weak economic times.

This profitable, systemised and well controlled business practises JIT stock control and is positioned by service rather than by a price-led selling proposition alone. Its ‘competitive advantage’ lies in its regular customer base of business clients and the ability it has to consistently supply quality products within reliable delivery timeframes at competitive prices.

Being a very successful business today means it’s positioned for future growth. Clients are set to continue demanding these products, in turn perpetuating ongoing sales, and in fact, sales are expected to increase into the future. Other areas for growth can be seen through expanding the import product range, increasing advertising and promotional activity, placing a sales rep in the field full-time and the introduction of an internet marketing program that would facilitate more sales through an on-line store.

This business represents an exceptional opportunity to secure a solid and profitable business with strong turnover levels and a sustainable market share. This safe and secure business has an excellent reputation for being one of the best value suppliers in its field, providing high customer satisfaction levels and quality product. New owners can take advantage of the current owners hard work in developing this solid business, reap continued rewards and relish the great lifestyle benefits associated with owning a business of this nature on the Sunshine Coast. Businesses like this are rare, so prompt further investigation is advised. Owners will provide 3-4 weeks training if necessary.

Broker Details

Broker: Brendon Crabtree
Phone: 07 5479 0055
Mobile:
Email: brendon@coastalbrokers.com.au

For More Information...

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Alternatively, you can download a copy of the Confidentiality Agreement in Word or PDF format. This can then be emailed or faxed to us.