Importer & Wholesaler To Major Retailers And Supermarket Chains

Sydney, NSW

Import/Export/Whole / Freight, Import Rural / Mustering
$300k + Sav
Listing ID1598765

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Summary
This business has a long history selling into a major supermarket chain, as well as dollar shops, pharmacies and other general suppliers. The business has established brands across a number of product ranges and rolling out new product lines to existing customers.

Location details
Currently located in the heart of Homebush but can easily be moved to another location.

Potential

The business has a long term existing relationship into a major supermarket chain. This allows the business to introduce any number of products to expand the business. The current owners have also been somewhat passive to the market and as such have not had an outbound sales team. A new buyer could significantly increase sales by actively targeting the client base and targeting new customers.


Skills
An understanding of the wholesale market and importing is advantageous, and would make the ideal bolt on for an existing operation.

Hours
Monday to Friday; 9am to 5pm.

Lease
The premises is currently owned by one of the vendors and they have agreed to offer favourable terms on a 2 year lease.

Employees
Currently 5 employees, but a new buyer could gain some efficiencies by restructuring to their own needs.

Reason for sales
Vendors are involved in a number of business ventures and they are looking to focus on other areas.


About the business
This business has been in operation since 1975 and is a leading and preferred importer/wholesaler of a wide-range of merchandise for several retail chains across Australia. The product range includes General Merchandise, Hospitality Supplies, Aged Care Supplies, Electronics Goods, Discount Variety Goods, Home & Kitchenware, Health & Beauty, Leather Goods, Electrical products, Candles, Disposable containers, Foils.

Products sourced from most major hubs including; China, South East Asia, India, Pakistan, the USA and Europe which provides diversity and a source of competitive advantage. The company has also benefited from long term relationships with suppliers that continue to support the business.

This business has been trading profitably for over 40 years, and continues to provide significant opportunity for growth for a buyer that wants to either drive the business forward on its own, or bolt this operation onto an existing venture.

Disclaimer: Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.