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Wholesale - Gifts - Homewares - Two businesses in one.

Business for Sale
Wholesale - Gifts - Homewares - Two businesses in one. -Well known in industry
NSW

Wholesale - Gifts - Homewares - Lower North Shore - Agent SBX Code Number: GNG1072 Wholesale businesses (2 ) selling a range of retail souvenirs, gifts and homeware products. - Customers...

Price $400,000.00

Wholesale - Gifts - Homewares - Two businesses in one. -Well known in industry

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Wholesale - Gifts - Homewares - Lower North Shore - Agent SBX Code Number: GNG1072

Wholesale businesses (2 ) selling a range of retail souvenirs, gifts and homeware products. - Customers include major retailers. - Also develops custom branded products through concept, design, samples, production, and delivery. - Subsidiary business in UK is included in the sale - Currently 1,500 SKUs. -Over 95% are own brands, 5% other brands. - About 900 are made to order (not stocked) about 400 active and stocked, and about 200 are being sold down (discontinued). - Products are manufactured locally and overseas.

Potential

Expand social media presence for customer reviews and recommendations. -Further develop overseas markets

Features

Very well established business - Well known in the industry - Demonstrated consistent sales -Two businesses in one - Australian owned,

Premises

Showroom has an area of 60 sq.mts. to display products with separate 1000 sq.mt. warehouse

Location

Situated in showroom in Lower North Shore with South Coast warehouse

Trading Hours

5 days - Mon. - Fri. - 9 a.m.- 5 p.m.

Lease

Showroom. - 2 year lease commenced March,2019. - 4% annual increases. - 3 months bond. - Warehouse - 2 year lease commenced March,2018. - CPI annual increases. - 3 month bond

Employees

2 owners + 6 full-timers + 8 part-timers

Comments

Misc.-1 - comprises general expenses. - Misc.- 2 - comprises advertising, marketing, vehicles, travel & accommodation.

Agent SBX Code Number: GNG1072 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 236952
SBX ID: GNG1072




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