SOLD! Importer/Wholesaler with Turnover of $1.2M and Profits of $400K+
Industry Ieader. No retail! All orders over Internet/Phone. Repeat sales to retailers and distributors!
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Type: B
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SOLD! Importer/Wholesaler with Turnover of $1.2M and Profits of $400K+
The business supplies retailers and distributors with incense, fragrances, essential oils and related accessories. Goods are purchased nationally and internationally from leading industry manufacturers and distributed Australia wide. The business also sells their own exclusive range of products.
2014 financial year turnover over $1,200,000. 2014 profits with add-backs including owner wages $428,107. Stable trading over many years.
Business Highlights Include:
- Increasing profit trends.
- Established for over 20 years.
- Limited purchasing risk as the business sources their products from over 30 different manufacturers and suppliers.
- Low customer risks, Largest client only 3% of total sales.
- No special skills needed to operate.
- Current owner will provide full training and ongoing consultancy if necessary.
- No retail! All orders over Internet/Phone. Repeat sales to retailers and distributors!
- The business is located near picturesque Byron Bay.
This can be ideal opportunity for total change of lifestyle or can also be relocated to suitable location anywhere in Australia. If the incoming owner has good management and system skills, there could be a possibility to run this business under management remotely with part time involvement.
Asking Price $950,000 + Stock at Valuation
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