Superstore Supplier Business, > $4.5 Million > 100 SKU counts, Business for Sale
Opportunity to acquire a well-established wholesale supplier business, with growing annual sales of over $4 million and is highly reputable. Currently operating from Queensland, previously operated from Sydney. This business can become fully relocatable anywhere, requiring a home office and an inhouse or outsourced warehouse of less than 500 sqm. The suppliers and manufacturers have been setup, together with processes and operational software, policies and pricing. Business know-how and knowledge transfer will be provided during the first 30 days to the new owner.
Well established business over 15 years
SALES > $4.5 Million
EBITDA > $0.9 Million
Revitalised brand in 2019, the business has grown rapidly, exceeding $4.5 Million
Diverse range of SKU codes, categorised as Homeware, Kids and Party décor
Over 100 lines on fortnightly replenishment orders with a big brand superstore customer
Also supply by private label brand, with the opportunity to introduce new product lines
One owner, who works part-time up to 30 hours per week
Expected returns on investment > 30%
The business has experienced rapid growth in both revenue and profitability despite Covid impact over the last two financial years and has built a growing presence as a wholesale supplier to superstores.
With well-established systems and procedures in place, this is an exceptional opportunity for a growth/sales-minded buyer, who can expand the care providing concept and drive additional services and product sales.
Furthermore, the business offers flexible working days and hours, providing an enviable work-life balance.
The business will suit any person from any background. Whilst not essential, ideally, they will possess some supply experience with a leading retail superstore or have product selling and marketing experience to promote new and exciting products.
Ideal bolt on sales to an existing supplier to the major retail superstores.
Reason for Selling: The current owner operator can no longer run the business due to a change in family circumstances.
Selling Assets: $ < 20,000
Is Business Relocatable?: Currently operating from Queensland, previously operated from Sydney. This business can become fully relocatable anywhere, requiring a home office and an inhouse or outsourced warehouse of less than 500 sqm.
Is Business Home Based?: Home office used for business administration.
Real Estate: Occupies warehouse space of about 500sqms, relocatable anywhere or even outsource the warehouse and fulfillment function to 3PL.
Expansion: Ideal bolt on sales to an existing supplier to the major retail superstores.
Years Established: 2007
Employees: 2
Trading Hours: Mon - Fri 9:30am to 3:00pm
Support Training: Suppliers and manufacturers have already been setup, together with processes and operational software, policies and pricing. Business know-how and knowledge transfer will be provided during the first 30 days to the new owner.
Reason For Selling: The current owner operator can no longer run the business due to a change in family circumstances.
Lease Terms: 1, 3-to-5-year lease is negotiable with options with the landlord
