Distribution Books and Gifts Business (Administrator Appointed)
Sydney NSW
Last asking price $100,000
Sold November 2022
General Retail, General Retail, Franchise
Business ID: BS151504
2022 Sales T/O $8.1 M. ( Pre Covid $30.M). All reasonable offers will be considered.
A leading brand name in retailing books, gifts, toys and homewares via 5,000 workplace displays, (25,000 pre-Covid) throughout Australia both directly and through franchisees.
Existing stocks have an estimated cost value of some $1.2M.
-Established 22 years
-Over 100 franchisees
-2021 Sales T/O $10.2M
-Brand Awareness
-Supplier Relationships
-Still Trading Under Administration
-Experienced Team of Employees
As this is a sale by an Administrator a quick transaction is important.
This business has been badly affected by Covid, but has the potential to return to pre Covid levels once people return to their workplaces. There is also the opportunity to increase the ecommerce side of the business.
Asking Price: All reasonable offer will be considered.
Property Code: 2943