SOLD
Business Overview
Established over 30 years ago, the Vendor of this leading wholesale business in the residential construction/refurbishment sector is now looking to retire and pass the reigns on to the next generation. This business is the exclusive importer and wholesaler of a unique range of building materials in Australia.
These low cost and top quality products from North America have been in high demand for many years. There is a dedicated team that stretches from the east to the west coast and New Zealand, meaning the business is easily transferable to a new owner due to the strong infrastructure in place.
Consistent turnover year-on-year of $3,000,000+ with secure clients, distributors, and resellers that are dependent on this stock. All this with no extensive marketing or growth strategies, they rely predominantly on reputation and word of mouth; meaning there are significant opportunities to increase revenue.
Preparations to roll out new growth plans have already begun, which would see these products being exported to South East Asia and ensuring imminent growth with no additional capital investment required.
This will be the perfect opportunity for an industry professional or an established wholesaler/construction business to add to their portfolio.
Features
Consistent turnover (10+ years) of over $3,000,000 PA
Trading for more than 30 years under one owner
Sydney based with distributors/clients across Australia & New Zealand
Growth opportunities executed to export into South East Asia
Long-serving, dedicated and professional team in place
Financial Summary
For details on the business' trading financials, please complete the confidentiality agreement.
Premises
The current rental amount is circa $300,000 PA.
Lease terms negotiable or relocation available with Vendor support.
Buying a business is easy with Vision
"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process "
Daniel Kogan
(m) 0401 620 918
(t) (02) 8923 2632
The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business