This company is a leading importer of products manufactured overseas and sold online all over Australia.
The business has built a reputation for offering a wide range of high-quality products from standard designs to high-end pieces.
Key aspects of the business:
Sales over $ 5.4 Million for the 2023/24 financial year.
Internet-based sales with payment in advance (no sales on credit) and so no bad debts.
Significant increase in projected sales for 2024/25
Highly attractive net profit with limited administrative requirements.
Skilled and dedicated administrative assistant available to stay on, 3 other employees can stay on for up to 6 months if required.
Office and Warehouse Leases to 2027
Current gross rent is approximately 4.2 % of sales
Large warehouse areas in place to handle stock levels
Delivery on contractors trucks.
Current WPH&S practices are well documented and supervised.
No licences are required.
This is a truly magnificent business, offering a significant entry point to the industry or is an ideal addition to a business looking for diversification and integration.
Well priced at $7 M Plus Stock.
For more information about this excellent opportunity, complete the Confidentiality Agreement, quoting reference no: 5684FO
Broker: Peter McPhee| Email:Peter@absbrisbane.com| Mobile: 0406 573 941
Head Office | Phone: 07 3368 4010| Email:reception@absbrisbane.com