Highly Profitable Wholesale Industrial Supplies Business – Sydney

Business ID: XB167457

$4M p.a. revenue, $700K profit. 30-year-old Growing

On offer is a highly regarded wholesale distributor of tools, accessories and consumables to the evergreen metal fabrication, panel beating and welding industries. Boasting a solid gross margin of 40% and a profit to the proprietor of $700,000 last year, this business offers both the ability to service the greater Sydney basin from its centrally located showrooms in Wetherill Park as well as the ability to service a national customer base with its sophisticated online presence, which contributes 14% of the business revenue. The business has demonstrated financial stability over many years due to its shareholding in a buying group, which not only gives the business access to the widest and most complete product range but also the best wholesale prices and exposure to a national trades customer base.

   -  Financial stability owing to shareholder member of the buying group, which gives national exposure, unbeatable wholesale prices and the widest product range

   -  Established online channels to grow the business nationally

   -  The business generates over $200,000 p.a. in over-the-counter cash sales

   -  Centrally located showroom in the heart of Sydney’s industrial hub, Wetherill Park

   -  Exclusive OEM relationships drive customer traffic to the business

   -  Over $700,000 in profit to the owner last year

Training offered during a 12-week handover period covering key systems, product training, sales training and introductions to customer, supplier and service provider relationships.

The business is suitable for an executive or an investor who understands industrial customers, wholesaling and has digital marketing skills.

Asking Price: $1.2M + Stock at Value

Property Code: 4884