SOLD! Established Third Party Logistics Business – VIC

This established niche family operated Third Party Logistics (3PL) Business provides warehousing, logistics and third party dispatch services to its clients, with expertise to handle clothing
and fashion accessories.

Starting with a single customer, the business has grown over the years, and currently has a portfolio of clients.

Clients include:

1. Wholesale businesses supplying to major retailers, fashion chain, online stores or independent retailers in Australia or overseas,
2. Retailers who uses the warehouse and logistics services for their own stores, and
3. Online retailers for online order fulfilment, using the logistic, warehouse, pick and pack, and dispatch services

Business Highlights

• Steady growth in revenue over the years with revenue in FY2017 of $1.29 million
• Close partnership with majority of clients, supporting clients to gain recognition from major retailers as “supplier of the year”
• A team of administrative and warehouse employees/contractors in place
• Majority of new clients are gained via referrals, with minimum investment in sales or marketing
• Warehouse management system with accreditation/integration to major retailers
• Operate from a warehouse with high ceiling (10 m) of approx 3,500 sqm, with 2 separate entrances (both high roller doors) for efficient loading/unloading activities
• Extensive shelving, bins and hanging racks, including mezzanine floor
• Secured premises with fencing, security alarm and camera surveillance systems

Owners seek to exit this profitable business due to family commitment overseas, and transition training and support will be provided to new owner.

With its established client base and experience team, the business offers a number of opportunities:

1. An experience logistic person to lead the business and continue to grow
2. “Bolt-on” for an existing logistic business seeking to grow market share or acquire additional revenue

Asking Price $365,000