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Educational Supplies Wholesaler Business For Sale

Varsity Lakes, Queensland, Australia
Asking Price:
$1,500,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,900,000 (AUD)
Cash Flow:
$350,000 (AUD)

Work and live in a desirable and sought after location 5 minutes drive from one of the world's top beaches and surfing spots. The Queensland's Gold Coast offers a range of attractions and opportunities found nowhere else in the world. A sunny climate with sea breezes in summer and a mild winter. Safe and beautiful suburbs with a range of educational options producing outstanding academic and sporting results. Cafe, restaurants, sporting and shopping facilities abound with a broad range of cultural and environmental experiences. A unique environment for families and people wanting the good life.

Key points-40 years in business with minimal competition. Continued growth-immense opportunities to expand nationally, and internationally throughout the Pacific and SE Asia. Secure and modern premises to rent or purchase. Servicing schools nationally and locally with a range of offerings that have kept the business extremely competitive and profitable.

Business-school supplies-in secondary, primary and home market. We do back to school packs for students, textbooks, classroom resources, and literacy packs. We sell to public libraries, specialist booksellers, parents, homeschoolers and others. The website is well-established and rates in the top 5% for Shopify performance. Marketing is done via sales representatives, telesales, brochures, printed catalogues and websites.

The goodwill aspect means that you have an established range of repeat customers with approximately 800 open accounts with a great risk spread. The business is well known and has great potential to expand the categories and range to double or triple the sales income. The market has continued to consolidate and entities becoming the 'goto' for specific categories and requirements. Our business has strong awareness in the literacy sector across Australia and internationally.

Staff-the highly experienced staff are self-managed and report daily or as required on their goals, performance - sales and income etc. The staff will stay on as part of the business if required.

Management-we use project online platforms to manage daily activities and have advanced ERP applications to manage the wholesaling inventory orders, purchasing and invoicing. Warehousing, telesales and some admin is done from the GC location while the rest is managed remotely with experienced staff providing key roles in the business.

Opportunities abound in the digital services provisions and any add-ons in this area for content will have an established customer base to promote directly. More marketing via trade shows, telesales, and broader categories will add further growth possibilities.

Documents available to interested parties on the business and financial summaries available upon prerequisite establishment of bona fides and implied establishment of credit facilities to purchase along with an NDA. Brokers are welcome as long as their customers adhere to the prerequisites.

Reason for selling: retirement. We are in no rush-the business is making good income and we can be absent from the business whenever we want to travel and do other things as it is managed by experienced staff who have KPI reporting-our role is to manage the accounts and look at new opportunities. With the hiring of a competent accounts person this will be sufficient to replace the owners. The staff are self-managed and report daily or as required on their goals, performance - sales and income etc. We use project platforms to manage daily activities and have advanced ERP applications to manage the wholesaling inventory orders, purchasing and invoicing.

Price $1 million plus stock at value (approximately $500,000).

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Not applicable

Location:

Varsity Lakes

Premises Details:

Warehouse is located on key route through this region. High profile position and keenly sought after profiling.

Planning Consent:

Not applicable.

Business Operation

Expansion Potential:

National expansion and opportunities Australia and internationally.

Competition / Market:

No competition located in this area. Brisbane has competitors.

Reasons for selling:

Retirement

Trading hours:

M-F 8.30 am to 5 pm

Employees:
12
Years established:
1982

Other Information

Support & training:

Manager can provide training and support

Financing available:

Not applicable

Furniture / Fixtures value:
$25,000 (AUD) - included in the asking price
Inventory / Stock value:
$600,000 (AUD) - included in the asking price
Relocatable:
This business can be relocated.

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