South West Syd
NSW
$70,000
Wholesale - Gifts - HomewaresPrice: $400,000Net Profit: $2,414 |
Visit this listing at https://www.sbx.com.au/business?id=GNG1072 |
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Business Code: GNG1072 Key Features: Two businesses in one. -Well known in industry State: NSW Location: Situated in showroom in Lower North Shore with South Coast warehouse DescriptionWholesale businesses (2 ) selling a range of retail souvenirs, gifts and homeware products. - Customers include major retailers. - Also develops custom branded products through concept, design, samples, production, and delivery. - Subsidiary business in UK is included in the sale - Currently 1,500 SKUs. -Over 95% are own brands, 5% other brands. - About 900 are made to order (not stocked) about 400 active and stocked, and about 200 are being sold down (discontinued). - Products are manufactured locally and overseas. Summary
Weekly SummaryWeekly Takings (inc GST)$43,912Cost of Goods$22,545Gross Profit$21,367Rent$1,249Wages$10,880Telephone$147Insurance$401Electricity$85Gas$92Misc1$4,254Misc2$1,845Total Expenses$18,953Estimated Stock (Additional)$400,000Net Profit$2,414Price$400,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Wholesale - Gifts - Homewares
Business Code: GNG1072
Price: $400,000
Key Features: Two businesses in one. -Well known in industry
State: NSW
Location: Situated in showroom in Lower North Shore with South Coast warehouse
Description
Wholesale businesses (2 ) selling a range of retail souvenirs, gifts and homeware products. - Customers include major retailers. - Also develops custom branded products through concept, design, samples, production, and delivery. - Subsidiary business in UK is included in the sale - Currently 1,500 SKUs. -Over 95% are own brands, 5% other brands. - About 900 are made to order (not stocked) about 400 active and stocked, and about 200 are being sold down (discontinued). - Products are manufactured locally and overseas.
Summary
- Features: Very well established business - Well known in the industry - Demonstrated consistent sales -Two businesses in one - Australian owned,
- Potential: Expand social media presence for customer reviews and recommendations. -Further develop overseas markets
- Premises: Showroom has an area of 60 sq.mts. to display products with separate 1000 sq.mt. warehouse
- Trading Hours: 5 days - Mon. - Fri. - 9 a.m.- 5 p.m.
- Lease: Showroom. - 2 year lease commenced March,2019. - 4% annual increases. - 3 months bond. - Warehouse - 2 year lease commenced March,2018. - CPI annual increases. - 3 month bond
- Employees: 2 owners + 6 full-timers + 8 part-timers
- Sale Reason: Other business interests
- Comments: Misc.-1 - comprises general expenses. - Misc.- 2 - comprises advertising, marketing, vehicles, travel & accommodation.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Weekly Takings
(inc GST)
$43,912
Cost of Goods
$22,545
Gross Profit
$21,367
Rent (ex GST)
$1,249
Wages
$10,880
Telephone
$147
Insurance
$401
Electricity
$85
Gas
$92
Misc1
$4,254
Misc2
$1,845
Total Expenses
$18,953
Estimated Stock (Additional)
$400,000
Net Profit
$2,414
Price
$400,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.
