Bankstown, New South Wales 2200

Successful Homewares Importer And Wholesaler

For Sale | $260,000 plus Stock

Wholesale

ASKING PRICE REDUCED.

Long-running and successful business based around the importation and distribution of a good-quality yet affordable product range. The business has been in operation for over 16 years.
• Asking Price $260,000 plus stock at cost.
• FY 2020 Annual Revenue $1.6m.
• PBITDA $125,000.
• Significant revenue increase projected for FY 2021.
• Specialists in homewares and home accessories.
• An unrivalled range of product offerings sourced from multiple overseas suppliers.
• Owner of established brand names.
• A diverse client base consisting of numerous Australian retailers.
• Distribution via Third-Party Logistics (3PL) warehousing. 
• Founders are moving on to a well-deserved retirement.

The product range includes curtains, floor coverings, mirrors and manchester. As well as kitchen, bathroom and bedroom accessories. 

A terrific acquisition for an individual looking to buy an established profitable business with growth opportunities or an existing importer/wholesaler looking for growth through acquisition.  

Listing ID: NSW09681

Broker: Richard Carter
Phone: 0419 241 099
Email: richard.carter@linkbusiness.com.au

THE PROSPECTIVE BUYER IS REQUIRED TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS PRESENTED AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE WITHIN THIS ADVERTISEMENT, BY THE VENDOR OR BY ANYONE ON THE VENDOR'S BEHALF.

PBITDA is net income before deducting owners remuneration, discretionary expenses, depreciation, interest and taxes.

Other Keywords: Import, Wholesale, Distribution, Procurement, Sydney, Western Sydney.
Ref: NSW09681
Timestamp: 20210410030100

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Richard Carter



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Richard Carter

LINK Sydney

Overview

This Wholesale Business is one of 35 businesses for sale in Leightonfield, New South Wales, and one of 3 Wholesale Businesses in this region that a business for sale currently has on offer. This Wholesale Business is for sale in Leightonfield for the asking price of $260,000 plus Stock and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..