HOMEWARES, HARDLINES AND SOFTLINES WHOLESALE

Industry: Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services, Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services | Listed by: No Agent Business


Key Strengths:


About the business

Phone enquiries - please quote property ID 24153

This is a rare opportunity to acquire a well-positioned family owned Company known for innovation.

The business structure is meticulous with management presence in Australia and China.

Company has knowledge and passion for product, good understanding of customer’s needs and excellent credibility with existing suppliers
The business sources product through its established relationships with manufacturing factories in India, Vietnam, Bangladesh, China and Pakistan and boasts long-term relationships with major retailers in Australasia. The China operation is a unique turnkey with experienced, knowledgeable and diligent staff.

There is a HUGE potential to expand in both distribution and product range in order to take the business to the next level. There is also opportunity to expand geographically to other countries as well as introducing new self-branded products.

The founding owners and senior management team are willing to remain as strategic partners for the foreseeable future to ensure a smooth transition.

- Full structured company with long history of profit
- Huge opportunity for expansion
- Business includes all intellectual property.
- Solid client base
- Zero inventory
- Suitable for overseas manufacturer looking to strengthen foothold in prosperous market.
- E-commerce opportunities

Initial enquirers will be required to sign a confidentiality agreement. Consideration would also be given for a strategic takeover or merger.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
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Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2000

Locality

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Established on
1999

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

Email Broker Verified

Advertiser Details
Company Logo
Victoria
Australia
Thinking of buying this business?

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. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, 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 etc
  • Make sure it’s the right business for you!

In a nutshell, 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 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. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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