Wholesale Import Distribution Business for Sale Turnaround Opportunity
Wholesale Import Distribution Business for Sale Turnaround Opportunity
Industry :
Import/Export/WholesaleSub Industry :
WholesaleDo you like the challenge of using your skills and knowledge to turn a business around? If you do this could be just the opportunity you are looking for. This is the chance to purchase a business at below the cost of its stock and then build it back up.
The business is a long-established gift wholesale business is based in Sydney's Inner West. It specialises in selling gifts and novelty products to tobacconists, Newsagencies, gift shops and homewares stores. Items sold include hip flasks, glassware, lighters, smoking accessories, keyrings, pens and much more.
Over the years, this business has built up a considerable database of customers. The database is broadly spread. Almost all of these customers are repeat customers. There is plenty of scope to grow the business through target marketing, expanding market share and adding new products. In recent years, the owner has been heavily involved in her property development business and has not been able to devote the time to this import wholesale business that it needs.
The business has a large range of stock items. These include popular, high profile brands that are well recognised in the industry. The business also has a number of its own brands. The value of stock is circa $500,000. For the 2024 financial year, sales were $478,000.
This operation trades Monday to Friday only, allowing you to enjoy a healthy work-lifestyle balance.
Make an offer! All reasonable offers will be considered.
Location in the ad is indicative only. Images are stock images and are not photos of the actual business.
This business is listed through Argus Business Brokers.
Queensland
Australia
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If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
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$500,000 Make an offer
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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