Description

THIS BUSINESS HAS BEEN SOLD

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A well Established Online Retail Business (eCommerce) with consistent Sales Growth

- Life-Style Business with flexibility of working hours & location for the new owner
- High Profitability with, with enormous room to expand and grow (see below)

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COMPANY MODEL:
- Current owners have established a good connection with some overseas suppliers which all will be transferred to the new owner
- The company imports different types of products from overseas, stores them in its' mid-sized warehouse in Melbourne Western suburbs, advertises and sells them online through its' multi-websites, as well as on other platforms, and distributes/posts products to clients from all around Australia.

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PRODUCTS:
- Quality-Approved Hoverboards & Segways
- Homeware items (kitchenware, dinnerware, decoration indoor & outdoor, pots & planters, bathroom items & other home accessories)
- Some trendy Gadgets & Electrical items
- Baby Accessories & Products (ie. prams, high chairs, bedding etc.).

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WEBSITES & PLATFORMS:
- Business includes a few websites all professionally designed and integrated with online selling system
- All websites been heavily marketed and promoted in the past few years in order to appear on the first pages of Google
- Company also utilises other selling platforms such as eBay and Amazon

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FINANCIALS:
- Current (Average) Weekly Sales of $56,000 ($2.9 million in FY22)
- with over 30% Margin (GP)
- Sales grown up by 40% from FY21 to FY22

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TEAM
- Currently run by 1 full-time active owner and a team of part-time employees who assist in unpacking and dispatching products to/from the company warehouse.

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OPPORTUNITIES & POTENTIALS:
The following winning elements in this business assist the owner to continue maintaining & growing the sales:
1- Established domains with high online reputation & exposure
2- Some trendy and demanding products all tested & selected throughout the past few years
3- Connection/relationship with the right/trustworthy and accountable suppliers

With above in hand, there is absolutely no limit in this business! The new owner in addition to working on existing products, will be able to tap-into new categories through the existing/new suppliers and take the business to the next level.

Some other Potentials would be:
- International expansion, which has not been touched yet, considering some of the products are quite unique and can be promoted globally
- Setting up some temporary Pop-up Stores in Shopping Centres and Malls to physically present and promote the product and the brand to public
- Wholesaling to some major retail stores in Australia (current sales is only to the end-users)

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REASON OF THE SALE:
The 2 business partners (inc. the one silent partner) have decided to separate their paths after many years of success, and the one managing the business will be moving overseas.


- ASKING PRICE: $750,000 + SAV
- Stock Value: $200,000 to $300,000 approx.



CONTACT "SAM VASLI" FROM EXPERT BUSINESS FOR MORE INFO ON THIS OPPORTUNITY.

0432 579 502
[email protected]