Scrooz Fasteners & Hardware, Outstanding Opportunity to Acquire a Premium Brand

5 days ago

Location:
Brendale 4500 > Brisbane - Greater > Queensland

Investment level:
$1,700,000 (Negotiable) + SAV

Type:
Business

Industry:
Retail > Specialty retail

Private Seller Scrooz

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Summary

Scrooz is Australia's biggest ECommerce retailer of premium fasteners, fixings and consumables for trade and industry. Offered at a very attractive price, well below market value for a quick sale.

Location Details

133 South Pine Road

Potential

Huge opportunity for expansion and growth with the current $1m plus sales currently increasing at 30-50% per year at a massive 75%+ GP. Can remain as a lifestyle business or grown exponentially into a major company. Business offers an incredible 3 Year payback. Overseas trading, distribution and/or franchising (pre-built model available) are just some of the considerable options available for this business. Massive potential for easy growth in any sector.

Skills

Training offered and owners prepared to stay on for professional hand over until the new owners are comfortable, also available as required in the background for advice and assistance if required.

Hours

We never close. we are an ecommerce business so we trade 24/7/365, store and warehouse open Mon-Fri 8am -4.30pm.

Lease

3 years plus an option for 3 more

Employees

3

Reason for Sale

Personal

About the Business

We are Australia’s biggest online fastener retailer operating nationally through our webstore and locally through our retail store/collection point. We are manufacturers, importers and resellers of fasteners and trade consumables under our own premium 'Scrooz' brand. Our target market is the light tradesman, manufacturing, engineering and construction SME’s and serious DIY’ers. We are an exciting, vibrant, forward thinking business designed for the future of retail in the lucrative trade consumable sector and we are based on a hugely successful European business model.

We are an innovative, maximum profit business with strong branding, offering a fresh, current solution to fastener retail, day or night, seven days a week, we never close for business.

Business Snapshot :

E and M-Commerce trade consumables market leader.
Strong premium own brand.
Consumable product range with ongoing repeat sales.
$1m plus sales increasing monthly.
73.7% standard trading GP and 88.4% GP on Scrooz imported products.
Can be integrated into existing businesses in the trade and construction fields.
20 years International market experience.
Access to all major global premium fastener suppliers.
Access to high quality overseas manufacturing in Asia and Europe.
Import and export system in place.
Proven monthly growth.
Cashflow efficient cash business, credit accounts are not operated.
Considerable growth potential.
Could operate overseas.
Franchise potential, proven system already in place and currently parked.
20,000+ growing digital customer base.
Minimum staff required.
Business trades 24/7/365.
Independent.
Product range/brand can be expanded considerably.
Flexible model.
Products specified by major companies e.g. James Hardie PL
Valuable and lucrative trademarks - 11 total
Potential payback for the business in just 3 years or less.
Can remain as a lifestyle family business or grown exponentially into a major company.
Original fully owned website code included in the sale.
Autonomous, can operate without the director in attendance.
Re-location is possible, business can be run from anywhere.

Find our more about us at scrooz.com.au

History

We have been trading since 2009

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