SOLD! Distributor of Niche Technology Hardware Business For Sale: $1,800,000

Business was established in 2003. The business is involved with importing and distributing of niche technology hardware for a wide range of applications including retail, commercial and industrial environments.
Clients of the business include Corporate’s clients, SME, Charities and Government Departments. Currently the business employs 5 staff including the owner.

Business could readily be operated under management. This is a 5 day per week business operating from a very professional office and showroom at Norwest Business Park. Most functions other than sales, marketing and administration are outsourced including design, manufacturing, freight and logistics, internet marketing and accounting.

The owner advises the market for their products has grown by 26% in 2008 and 52% in 2009.

Business Highlights

• 50% of all sales comes from repeat clients.
• Business has a database of over 2000 prospects who are in constant contact via newsletters.
• Business is very easy to find on Google being in top 3 in their researched keyword search.
• Business is exclusive distributor in Australian and New Zealand of a quality product.
• Adjusted Profit $546K pa on revenue of $2.2M

The business is fully systemised and could be operated under management if required. The business has a strong reputation of being a market leader in their field. The industry will see growth in future years as a more diverse application for their products develop. The business could provide a “bolt on” opportunity for someone in a related industry. One of the main features of the business is that it is readily scalable when large opportunities are won.

Price $1,800,000 includes equipment, fixtures and fittings and