Well Established, Niche Import & Distribution

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Owner Information

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Hamish Russ (Hamish)
Registration Date: Aug 22, 2012
First Name: Hamish
Last Name: Russ
Phone: 0423871067
Address 1: 8/50 Parker Ct
City: Brisbane
Post code: 4000
Country: Australia
Additional Email: hamish@gbau.com.au
Reference Number: 1393
Common
Title: Well Established, Niche Import & Distribution
Date business was established: 2003
Business for: Sale
Additional information
Business features: Car Parking, Disable Access, Residential/Commercial, Est. Lease
Additional information: This is a very well established textile (Fabrics & Notions) Wholesale business.

An international business, with operations in New Zealand & Australia with full time, well trained staff in both NZ & AU that has all the day to day operations work like clockwork.

The business offers the ability/requirement to travel to and from NZ & AU + China as a genuine business expense.

The business imports from China fabrics and notions from our long standing and proven supply partners direct from China – which our staff warehouse, process into saleable measures of fabric, and distributed on a daily basis as orders are placed through our well established website.

The current owners have operated the business for over 9 years.

Currently set up that someone could own and let it work with some input – or come in and continue to grow the business and product range.

Current annual sales of $870,000pa, 30-50% sales growth year on year for past three years and set to remain on same path for the next two years with many untapped opportunities awaiting time to be invested into them all at the same time delivering 11% EBIT.

Price $200,000 + Plant at cost (approx $60,000) + Stock at Value (SAV) (approx $400-600k)

The business has its own website that has had over $30,000 worth of work done to it to customise it to the needs and purposes of the business including a single back end to deal with orders and products on either the NZ or AU websites.

For further information call 04 2387 1067 or email hamish@hid.co.nz

The current owners after 9 years of putting in hours upon hours chasing all the opportunities and building the business from the ground up, feel the time has come for them to step aside and let someone else take over their baby and allow them to take it easy for a few years before looking at their next venture in life.
Annual Nett Profit: $ 100,000.00
Location
Country: Australia
States: Queensland
City: Brisbane
Post code: 4008