For Sale: $700,000 + SAV
Business Overview
This represents a rare opportunity for a visionary new owner to leverage the national distribution network along with its sterling reputation, to introduce new products in a growing market.
Significant consolidation in the industry in the last 5 years due to an overall decline has now leveled off, and new pathways and products are emerging.
The business is perfectly positioned to take advantage of a market with substantially fewer competitors and establish an even greater market share of existing and new products.
The business not only has a robust trading background commercially, but it also has an incredibly rich history as a significant provider to thousands of small and medium businesses in Australia.
The current owner does not play a major role in the business and generally contributes 15-20 hours, along with substantial time spent overseas regularly (4 months in 2019).
This business features all the indicators of a strong acquisition opportunity at a reasonable investment point.
Features
Highly efficient operation with just 5 staff members
Trading for longer than 50 years
Can grow by over 100% at the current premises
Long-standing commercial alliances and relationships
Market leader for the supply of key products
Major retailers dependant on the business with over 20 years ordering history
Long lease until 2030 with CPI increases
+ 5-year option
Financial Summary
Revenue: $1,807,491
Cost of Goods: $860,160
Gross Profit: $947,331
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EBITDA: $279,531
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"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."
Dan Levitus
(m) 0450 326 146
(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