Summary
* Established Reputation * High Rate of Repeat Business * Diverse Product Range * Modern Warehouse Facility * National Expansion Potential * 2023/24 Net Profit circa $650,000
Net Profit
$638,000 pa
Location Details
Western Australia
Reason for Sale
The current owner is seeking retirement.
About the Business
The business has been long established for over four decades, demonstrating a strong and enduring presence. For more than 20 of those years, it has thrived under the management of the current owner. This long-standing existence not only highlights the business’s stability and reliability but also reflects long-standing customer satisfaction.
The business offers a diverse range of essential safety and industrial products, catering to a wide variety of needs within these critical sectors.
The business boasts a highly loyal client base, with approximately 90% of its transactions coming from repeat customers. This impressive retention rate underscores the exceptional level of satisfaction and trust that clients have in the company’s products and services.
A significant 90% of the products are imported, which allows the business to achieve higher profit margins. This strategic sourcing from international suppliers ensures competitive pricing and enhances the overall profitability of the company.
The business is supported by a dedicated team of long-serving, loyal staff members.
The business operates from a modern, well-located warehouse that offers convenient access for both deliveries and customer visits. The warehouse is equipped with up-to-date facilities and infrastructure, ensuring efficient handling and storage of inventory. Its strategic location provides excellent connectivity to major transportation routes, making logistics smooth and hassle-free.
There is an immediate opportunity for national expansion. With its strong foundation and proven business model, the company is well-positioned to extend its reach across the country.
There are significant expansion opportunities through the addition of new associated products. By broadening the product range, the business can attract a wider customer base and meet more diverse needs within the safety and industrial sectors.
The business benefits from well-established supply chains with reputable overseas manufacturers. These long-term relationships ensure a reliable and consistent flow of high-quality products. By leveraging these strong international connections, the company can maintain competitive pricing.
The business is rock solid and recession-proof, demonstrating resilience even in challenging economic climates. Its stability stems from several factors, including a diverse product range catering to essential safety and industrial needs, a loyal customer base with a high rate of repeat business.
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