SOLD! Wholesale Gift and Homeware Business For Sale – Melbourne

This is an established import and wholesale business specialising in homewares, gift products, jewellery and fashion accessories. The business sources the majority of its products from Asia, and supplies to a range of retailers such as newsagents, pharmacies, gift shops and fashion boutiques across Australia. Business can be relocated as it is wholesale only.

The business is on target to increase sales between 12-15% as compared  to previous year, with higher profit projected.

The current owner has created a successful formula where the business has :

•  Annual sales in excess of $1,500,000 with over 40% gross margin
• Established reputation as a supplier of quality novelty products at affordable price
• Sales and distribution channels in place (no cold calling required)
• Offers flexible lifestyle for owner as business has employees and experience sales agents in place
• Established relationships with many long term suppliers and repeat customers
• Customers across Queensland, New South Wales, Victoria, South Australia and Western Australia
• An effective website that allows retailers to browse and order products directly online
• A large part of orders are secured from retailers before placing orders with overseas suppliers
• Systems and documented procedures in place

Training will be provided to the new owner to ensure a smooth transition.

The current owner has operated this business to suit their lifestyle and has maintained its current size for the last few years. The new owner has the option to:

• Maintain the existing level of activities and thus enjoy the flexibility and lifestyle this business can offer
• Build on the foundation and grow the business with additional products and services

For Sale at $295,000 plus Stock. The stock value is between $100,000 to $300,000 depending on the time of the year.