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Wholesale Distribution Import in Bayswater

Franchise for Sale
BAYSWATER

~~SUMMARY The asking price for this business comprises stock at cost plus fixtures & fittings with little or no value allocated to Goodwill. It would be ideal as a family venture to expand and gr

Price 145,000

Wholesale Distribution & Import Business

Stock Included:
Stock Value:
Years Est:
Gross Revenue:

~~SUMMARY
The asking price for this business comprises stock at cost plus fixtures & fittings with little or no value allocated to Goodwill. It would be ideal as a family venture to expand and grow or for a single owner operator looking for a new challenge. Alternatively this business could be a great low cost add-on to an existing enterprise.
The business operates solely as a wholesale distributor and has no significant retail sales.
There’s an old saying that the profit is in the buying of an asset, not in the selling and this certainly represents an opportunity to pick up a solid business with great potential to grow and profit from.
I am selling due to competing demands from other business interests, so have priced the business to sell quickly. As a turn-key operation, the purchase of this very modestly priced business is one of those opportunities that only come along very occasionally. THE BUSINESS
This is a well - known and respected Wholesale distribution business, which has been in continuous operation for 15 - 20 years and under current ownership since February 2005.
The business has a state wide customer base stretching from Albany in the South to Broome in the North and Kalgoorlie in the East. We represent 9-10 well known National Brands supplying essential high sales volume products.
We also import a range of high profit margin products from overseas under our own Brand name.
The business primarily operates in the Automotive After Market Accessories area and also supplies into Hardware, Industrial & Tool retail outlets.
PREMISES
The business operates out of an air conditioned 210sqm warehouse conveniently located in the Bayswater light industrial area with easy access to Tonkin Highway. The warehouse is fully equipped with ample pallet racking & steel shelving. There is a small office located in the warehouse. Other equipment included in the sale are an electric forklift, office equipment including computers, printer, fax, desks & chairs plus all other materials and equipment required to continue to run and grow the business.
Continued sales are not dependent on location and the business could be relocated to pretty much anywhere in the metro area to suit a new owner.
STAFF
Currently, 2 part time staff are employed on a casual basis to manage day to day warehouse operations however they could be replaced by 1 full or part-time person working 25-35 hours per week if required. 
Sales could increase by a further 40-50% before any additional warehouse staff or storage would be required in the running of the business.
THE POTENTIAL
Several exciting new product ranges from existing suppliers, plus recently acquired agencies have opened up new, previously un-serviced markets which are starting to bear fruit and will add significantly to the bottom line in 2017.
We commenced importing several ranges of quality products direct from overseas in November 2013. This has proved very successful by increasing Gross Profit margins significantly and adding to the overall bottom line. Clearly, a way for this business to increase sales and bottom line profit is to add further to its range of imported goods in the future to either augment total sales or to move predominantly towards selling its own imported/branded products. The range of new products available is limitless and could open up new directions for the business.

CUSTOMER BASE
The business’s traditional market has been skewed towards Automotive parts and accessory resellers and, whilst there is ample potential to further expand in this area other markets exist which hold a great deal of potential. The existing product line-up already overlaps into the Hardware, Tool and Industrial markets and several recently added consumable product lines could open doors to even more new markets.
The customer base is quite diverse and ranges from Auto parts resellers, to Hardware, Industrial and Agriculture supply businesses.
Repeat customers’ monthly stock orders make up the majority of sales with a smaller portion buying  3 – 4 times a year and seasonally.
SUPPLIER AGREEMENTS
We have Approved Supplier agreements in place with several State & National Retail/Trade Businesses & Buying Groups plus a good, solid customer base of independent businesses established over the last 10-15 years.
 

SUMMARY
The asking price for this business comprises stock at cost plus fixtures & fittings with little or no value allocated to Goodwill. It would be ideal as a family venture to expand and grow or for a single owner operator looking for a new challenge. Alternatively this business could be a great low cost add-on to an existing enterprise.
The business operates solely as a wholesale distributor and has no significant retail sales.
There’s an old saying that the profit is in the buying of an asset, not in the selling and this certainly represents an opportunity to pick up a solid business with great potential to grow and profit from.
I am selling due to competing demands from other business interests, so have priced the business to sell quickly. As a turn-key operation, the purchase of this very modestly priced business is one of those opportunities that only come along very occasionally.

Contact Seller

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Contact: Sam Savio
Phone: 0410 722 533
Mobile: 0410722533

Bsale ID: 113537
Agent ID: 3417619




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