Reference No: 6422086

Import/Export/Wholesale
GEELONG VIC

Price: $850,000

National X-Sports-Goods Wholesale & Retailer For Sale

A major player and leader in X-Sports Import-Wholesale and Online Retail Sporting Goods Supply in the Australian market, producing an average gross turnover of over $2 million per annum for the last 6 years.

This business presents as an excellent opportunity for other adventure sporting goods wholesalers and retailers looking to expand - or - business investors looking for a business that can profitably run under management.

The business imports from overseas, including Asia and North America, and primarily sell at a wholesale level. There is an online system for retailers, also selling to some of its own markets.

The key business features are:

• Strong, consistent turnover and profits, including through Covid-19, with minimal staff

• An operating warehouse that can be leased or stock can be relocated

• A developed online sales platform with SEO and approx. 20 domain names

• A strong and long-established brand in the market.

• Broad product range in its target market - products kept in stock are regularly ordered

• The go-to retailer and wholesaler Australia wide in its chosen field

• Opportunity for new owner/s to expand and or great business to own and operate

Why is this business successful?

The business financials are showing four years of strong sales and earnings. These figures have been achieved by design as the business operates with just three staff, including two owners handling small to large orders with ease.

The premises has been purpose-built with an excellent low rent to gross sales ratio and low total expenses to gross sales ratio. The stock is well managed and consistently turns over – a new owner could manage the business from another state as processes are in place.

The eCommerce website is set up and easy to use, driving strong sales and meeting customer needs across Australia. This and owning approx. 20 domain names drive constant search traffic, making it hard for competitors to take away market share.

Through sponsorships and holding National events, the brand is well known, and the business has become the trusted wholesale and retail provider.

Being a preferred wholesale supplier, cutting-edge products are sourced worldwide. A long history and good reputation have enabled the business to stock all the latest and sought-after equipment at the best prices. The developed supplier relationships and one-stop-shop business model has led to becoming an exclusive brand distributor.

If you are looking for an excellent wholesale & online retail equipment supplies business with reliable profits and almost guaranteed success, then enquire now.

Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.

Price: $850,000 Plus SAV (Min $400,000)

Finn Business Sales
Geelong and South West Victoria
(03) 52... (click to show)

Broker: Alan Wood
0400 792... (click to show)
(click to show email)

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Price: $850,000
The Finn Group
Address:
377 Kent St Sydney NSW
Sydney, NSW, 2000

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Contact: Alan Wood
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