Internal Ref: 6960523
Summary
One-of-a-kind opportunity to tap into a highly concentrated niche market or a bolt-on opportunity for businesses in the same or associated industries.
Revenue
$2,100,000 pa
Net Profit
$840,000 pa
Location Details
Selling nationwide mainly NSW, VIC, and QLD.
Skills
The current owner and general manager has neither prior industry experience nor relevant qualification.
About the Business
Leading Wholesale Supplier of Concentrated Herbal Extracts
· A sole exclusive partnership between Australia's largest distribution network and one of Asia's biggest brands of traditional Chinese medicinal concentrated herbal extracts.
· The brand is exponentially competitive via the business' market-leading position in Australia on top of its established and trusted global presence.
· Over 15 years of pristine reputation of the business and long-established stakeholders relationships impose extremely high barriers to competing distributors and new entrants.
· Low overheads and high product margin make any increase in sales correspond directly to an increase in profit.
· The sales growth since FY19 through the COVID19 pandemic to FY22 is virtually organic and purely driven by word of mouth and customer referrals with no paid advertising nor dedicated salespersons, and also proving a vigorous resilience against the greater recession. FY22 achieved a turnover breakthrough to $2.1mil.
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