Internal Ref: WL854
Summary
Import / Distribution of pool mosaics – wholesale - Perfect Bolt on Acquisition
Revenue
$2,509,687 pa
Net Profit
$755,884 pa
Potential
Perfect bolt on acquisition to wholesale / distribution business
Employees
This business leverages off a sister business by way of staff. Requirements are detailed within IM.
Reason for Sale
Seeking Semi retirement
About the Business
This business is a well-established, respected importer and distributor of pool mosaics. Established in 2017 by the current owner, as a wholesale glass pool mosaic business distributing to over 300 stores nationally. They service the Australian markets from their headquarters in Sydney.
The company has a proven track record and a trusted name.
A reliable supply of high-quality products and the ability to customize products for specific customers' requirements has positioned them as one of the go-to organisations for customers seeking product.
The high volume of products sold ensures competitive prices are guaranteed.
The company can be effectively run by the owner/manager plus two staff members due to the efficiency of the product distribution.
Key Features
* Genuine reason for sale – owner wishes to plan for retirement. Extensive training and support period will be available to ensure a smooth transition and minimal disruption.
* Strong well-established name that is respected in the industry by customers, suppliers, and competitors alike.
* Preferred supplier agreements in place with the main suppliers offshore - fantastic relationships endure.
* Customers pay promptly and thus ensuring less working capital requirements. Minimal bad debts in over eight years of operation!
* Solid revenue base can be demonstrated.
* Extremely profitable business with sound financials and tax returns available to support the figures – excellent cash flows.
* A national network of customers is in place.
* Business will need to be relocated or bolted on to an existing wholesale business.
Contact: Warren Levy - 0414 474 777
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