Under Offer! Sporting Apparel Company – Melbourne

Australian-owned business founded in 2012 delivering technical clothing to local and national sporting teams, athletes, and officials. Three major supply agreements are in place with key sporting bodies/ events.

• Sales in FY23 of $1.4M
• Adjusted profit to owner-operator in FY23 of $284K
• The business has dressed officials, athletes, triathletes, cyclists, swimmers, and runners at local and national level
• Currently located in Melbourne, the business could be relocated to anywhere in Australia
• Minimal staff, easy to operate and manage business
• Very strong relationship with manufacturer in China

Offers are being sought inclusive of all assets and goodwill plus stock at valuation (SAV approx. $250k).

The current owner is open to a transition period of up to 1 month and willing to consult for a period after that if considered useful.

There are multiple growth opportunities to substantially grow the business and compelling reasons why a buyer might consider purchasing such a well-established brand and business.

This business should be of particular interest to established businesses looking to add an offering that complements their existing business or expanding businesses seeking to acquire a profitable and established brand with highly sought-after supply agreements with three major sporting bodies/ events.

Asking Price: For Sale via Expressions of Interest