Wholesale Gift, Homewares Import and Manufacture Business for Sale / Gold Coast

3 days ago

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Internal Ref: bus5739

Summary

Wholesale Gift, Homewares Import and Manufacture Business for Sale / Gold Coast This business for sale has a long and proud history. It sells directl...

About the Business

Wholesale Gift, Homewares Import and Manufacture Business for Sale / Gold Coast

This business for sale has a long and proud history. It sells directly to the consumer via its online platform. However, most revenue comes from sales to 3,000+ account customers right across Australia.

After almost 60 years in business, it’s a prominent player. With a large, custom-designed warehouse, it’s geared up to generate big numbers.

Features of the business:
• Vast product range / 300-page seasonal catalogue (soft & hard copy)
• Committed to advancing Australian-made products
• Reputation for quality and reliability
• Strong management team in place
• High level of cross training amongst staff

A financial snapshot of the business:
• Circa $10 million average annual revenue
• Net profit of $2.3 million for FY2024 normalised
• High gross profit 71%
• Earnings type: PEBITDA

Overview of the business:
While there are 25 staff employed in the warehouse, the business makes very effective use of a network of commission agents throughout the country. This fosters a personalised approach and encourages long-standing relationships with customers. And their loyalty is good for business.

The vendor is offering a new lease on attractive terms. The modern, two-story premises were purposely built for this business. The buyer will have the first right of refusal to purchase the freehold if desired.

There’s obviously a lot more to learn. And we’ve made it easy for you. Simply click on the Submit Confidentiality Deed or Enquire icon. Complete your contact details, sign and submit. The exclusive broker will be more than pleased to explain more about this wholesale gift and homewares business.

FOR SALE: Offers over $3,900,000 + Stock around $2,500,000

Contact the exclusive broker:

Ian Salter
Senior Business Broker
Benchmark Business Sales and Valuations
M: 0433 563 585
T: 1300 366 521
E: ian@benchmarkbusiness.com.au



Please ensure you have the required capital or equity before expressing interest in this business.
The images provided are for illustration only and may not accurately represent the business.

Benchmark Business Sales and Valuations.

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