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National X-Sports Goods Wholesaler

   VIC
Greater Geelong
Barwon South West Region
$850,000
sold
Category:   Other Goods Wholesaling not elsewhere classified
A major player in x-sports import wholesale and online retail sporting goods supply, and a leader in the Australian market producing an average gross turnover of over $2 million per annum for the last six years. 

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

The business imports from overseas, including Asia and North America, and sells wholesale. It also provides an online system for retailers and sells to some of its market.
 
The key features of the business are: 

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

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

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

• A long-established and robust 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 years of solid sales and earnings. These figures have been achieved by design as the business operates with just three staff, two of which are 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 approximately twenty domain names drive constant search traffic, making it hard for competitors to take market share away.

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. Having a long history and good reputation has 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 have led to being 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) 5259 9970

Broker: Alan Wood
0400 792 811
alan.wood@finnbusinesssales.com.au 

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Listing ID

75424

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