Summary
Importer/wholesaler/retailer of pruning, gardening and cleaning tools from Taiwan & Italy. Specialist retailer for Makita OPE. Numerous sales channels-online (45%), wholesale, trade and shows/events.
Rent
$54,000 pa
Location Details
The business leases a showroom, warehouse and office with ample parking located in Seven Hills with fixed assets and motor vehicle. There are 400 stock keeping items including spare parts.
Reason for Sale
Owners retiring after 15 years
About the Business
CutAbove Tools is an award winning, family-owned business that commenced in 2010 after purchasing an existing business with a different name. Since that time, the company has grown from approximately 40 products to now over 400 stock keeping units, including spare parts. The company is well recognised in the marketplace, both to the home user and commercial users. The company has a numerous sales channels, namely online, wholesale customers (agents and garden centres) trade customers and shows/events (direct consumer sales). In recent times the internet has become a critical sales channel with now over 45% of the business deriving from this operation. Recent drivers include Google advertising and regional TV advertising.
History
In April 2010 the business CutAbove Tools was established. In 2018 the company became the distributor for G.F. Italy (watering products). In 2019 the company became a retailer of Makita Outdoor Power Equipment. The business also sells WD 40 lubrication products and a small amount of pruning equipment from Vesco, Italy. A website has been regularly updated to enhance the numerous products available.
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