Distribution To Homewares Industry Wholesaler In Sydney For Sale

Business description

This businesss is the pioneer of a niche category segment within the homewares industry in Australia, having been established in 1984. It is a leader in its core category segment.
The infrastructure and systems are world class.
This is a very impressive business in all respects. To mention a few factors:
Gross Profit in the region of 60% year on year
Adjusted Net Profit before Tax to Sales consistently well over 20%
Large investment in systems and infrastructure over the past 4 years.
No external debt, internally financed by strong cash flow generated by the business
Strong marketing, sales and customer service team in place
Strong warehouse team in place, with well established distribution and supply chain channels
Strong customer base and wide spread
Effective new website online ordering system in place
Several new product categories identified and newly established
Established relationships with overseas suppliers, several of whom are world’s best
Highly regarded in the industry for quality product, customer service, ethical standards of conduct and great value.
NOTE: Any Buyer will be required to demonstarte their financial capacity to fund a business of this size prior to being provided full information.

Property information

Real Estate:

Lease

Lease terms:

Lease to November 2013 plus 3 year option

Leasehold rent:

$298,000 per annum

Location:

Located in an industrial estate in Sydney

Premises details:

Large warehouse with racking, newly renovated showroom and offices

Business Operation

Expansion potential:

Unlimited

Competition / Market:

Numerous wholesalers who operate within this industry.

Reasons for selling:

Owners involved in expansion opportunities in a different venture overseas.

Trading hours:

Monday to Friday 8 am to 5 pm

Employees:

13

Years established:

27

Other information

Support & training:

Owners will provide comprehensive handover as required

Furniture / Fixtures value:

$200,000 (included in the asking price)

Inventory / Stock value:

$1,000,000

Relocatable:

This business can be relocated.