Summary
An established, Sydney Australia, Natural Stone and ceramics importer and supplier. The business offers three decades of supplier relationships and boasts an attractive 40% repeat customer rate.
Location Details
This Sydney, NSW, Australia business is situated in a prime city location, the business benefits from excellent accessibility, enabling seamless logistics and distribution processes.
Reason for Sale
The business is being sold so the owners can focus on enjoying a well-deserved retirement following a long and successful career.
About the Business
The business offers more than 30 years of experience in the niche Natural Stone and ceramics import and supply industry. The business is a market leader offering products for projects both big and small. The business has made a name for themselves offering superior quality products supported by excellent, end-to-end service starting with the design phase and extending through post-sales support.
Investment Highlights:
• 100% Australian owned and operated
• With over 30 years of experience, the business is a trusted and reliable supplier of Natural Stone and ceramic products
• Products are used for a broad range of commercial, residential and landscaping projects
• Excellent reputation and market position
• Extensive and diverse product range of stone offerings to meet every project need
• Company culture committed to superior quality and customer service
• FY23 sales > $3.7m including an EBITDA of $320k
• A team of long-term industry experts
• Loyal customer base sourcing more than 40% of repeat customers
• Diversity of international suppliers from Italy, Spain, Turkey, Greece, Germany China and Vietnam
• Business sale price includes all assets and stock related to the business including inventory, machinery, equipment, intellectual property, customer database, supplier contacts and goodwill. Stock currently valued at more than $1M
• Numerous growth opportunities identified associated with the ban on engineered stone effective July 2024 and the preparations underway for the 2032 Brisbane Olympic Games
• A 1,500 m2 warehouse including a 250 m2 showroom and offices ideally located in a central Sydney, NSW location
• Hundreds of slabs in stock at the showroom location allowing customers to touch, feel and explore the diverse range of products
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