SOLD

Profitable Custom Medals and Promotional Products Business

Online
Profitable Custom Medals and Promotional Products Business

Last asking price $60,000

Sold July 2024

General Retail, General Retail, Manufacturing

ABOUT THIS BUSINESS
Long-standing business of 22 years currently based in PORT MACQUARIE. Providing trophy shops, marketing organisations, and 3rd party sellers throughout the South Pacific, with CUSTOM MADE METAL ITEMS ranging from medals to key rings, belt buckles, lapel pins, golf products, plaques, car grille plates, custom trophies, and more. Design and sales work is currently prepared in Australia with most goods made overseas. The business also has the ability to make some of the smaller orders in-house. Excellent long-standing relationships with several overseas suppliers. Customers from other South Pacific countries have also purchased goods, and this is an opportunity waiting to be further developed. In addition, should you wish to expand the business by including trophies, you would be targeting the same core market group. Your main clientele is sporting clubs, schools, car clubs, and recreational clubs. You are guaranteed to repeat business as the company holds all dies and molds for 2 + years.

This company has operated from Port Macquarie on the mid-north coast of NSW but can be operated from anywhere in Australia, providing you have a post office and/or a reliable courier. It would ideally suit a single or couple at this stage, but in the past has had up to 4 full-time staff. The current owner is retiring and freely admits that some new energy will bring back pre-COVID sales figures.

ADVANTAGES OF THIS BUSINESS

  • Has been operating for 22 years and is well-known in the industry
  • Can be operated from anywhere in Australia
  • Is walk in/walk xxxxx making cash immediately
  • There are NO STOCK COSTS. Everything is made to order as a custom piece
  • Low risk as customers pay 50% up front which more than covers costs and in 22 years there has not been one bad debt as you are working with other small businesses
  • Catering to the Australian market offering a minimum of 50 pieces up to 10,000 pieces where other competitors require high minimums
  • There are few competitors in Australia of this type

INCLUDED IN THE SALE

  • Company website and email addresses
  • Extensive customer mailing list
  • Training (there are excellent foolproof systems in place)
  • Digital and hard copy job files including artwork & samples
  • Trade show stand and associated display equipment
  • Signage
  • Overseas supplier contacts
  • Hand over of dies belonging to customers (ensuring repeat orders)
  • Thousands of samples including medals, key rings, belt buckles, ribbons, pins, golf products, trophies, 3D models & packaging
  • Display boards and sundry items
  • OPTION 1- there is also an option to purchase or lease the current premises in PORT MACQUARIE. Rent is currently $30K per annum

 

LIFESTYLE CHOICE
Need a holiday? December and January are very quiet periods as schools and sporting clubs close down over the holiday break. The current owner is working from offices and a warehouse, but business could easily be adapted to work from home.

Want to learn more about this business? Fill out the enquiry form today.

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