Bankstown, New South Wales 2200
Successful Homewares Importer And Wholesaler
For Sale | $260,000 plus Stock
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
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.