Exclusive License For Premium Home Improvement Products - $120k Profit To Owner

Sydney, NSW

Industrial/Manufacturing / Building and Construction, Furniture/Timber Home/Garden / Gardening
Listing ID1649604

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This business has the exclusive distribution rights for a premium Australian manufacturer of outdoor home improvement products. It also sells a range of other manufacturers products to complement the exclusive range. The business sells and installs all products itself. This is not a franchise.

Location Details
The exclusive territory covers roughly south of Sydney Harbour to the edges of Sydney, and west to the Blue Mountains. It also includes everything from Penrith to Richmond. So this is a vast territory. The business is currently operated from the home of the vendors and is easily moved to any location.

here is a significant opportunity to grow this business through a range of marketing activities or the addition of a sales rep. It would also make an enormous difference to have a showroom where customers can inspect the quality of the products.

This business would also make a fantastic bolt-on to an existing operation where the business sells similar or complementary products. This would enable some cost efficiencies to be made, allowing the purchaser to focus on growing sales.

There is also great potential for a new owner to move premises and operate from a warehouse/showroom so as to better display the product and service the customer.

There are no specific qualifications required for this business. However, the installer would need to know how to use a range of standard power tools, and be generally handy.

Both partners in the business work full time.

There is no lease required as the business is currently operated from the vendors home, which keeps overheads low.

2 x FT staff (currently both owners).

Reason for Sale
The current vendors are moving toward retirement and looking to slow down.

The business was started in 2007 and has been run by the same husband and wife team since inception. It has achieved solid increases in revenue over the past 4 years and has excellent scope for growth.

About the Business
Ray White Business Sales is excited to offer this exceptional Sydney based opportunity. This Distributor of Outdoor Home Improvement products has been well established for 10 years and sells a further complimentary range that helps to capture 95%+ of the customer's needs.

The business works on a to-order framework; the sale also includes all necessary tools thus making this a fantastic low cap-ex required opportunity. This business would be extremely well suited to an already operating business in a similar industry as it is prime for a bolt-on transfer.

Potential exists in this operation and would help boost growth. This can be done through a warehouse/showroom premises, an extensive website refresh, increased social media presence etc. Despite this potential, the business is still delivering impressively consistent results and makes for an unpassable opportunity.

Key facts about this business:

- Recently renewed exclusive distributorship agreements
- $330k+ annual turnover with an approximate EBIT margin of 34%
- Business can be run from anywhere - Ideal as a bolt-on business to an existing operation
- Offer includes all tools and stock necessary to begin and continue operating
- Business has a competitive edge due to its impressive industry-leading quality standards
- Operating in an impressive $4 billion sector with consistent annual growth

For more information on this opportunity, please contact the undersigned:

Simon Bedard
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0488 899 944 T: 1800 858 696 E: simon.bedard@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1649604 to search for the business

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.