Wholesale warehouse business worker

This well-established wholesale distribution organisation sells its products business to business. It has an impressive list of consumer style products that are used by a large proportion of the population.

Over the years, this business has developed a long list of repeat customers. This list is very broadly spread with no individual customer dominating the list. The business operates in a large industry, providing plenty of scope for further growth.

Most customers pay for goods at the time of purchase. This means that the business has excellent cash flow and has a relatively low working capital requirement.

For the 2020 financial year, this business achieved sales of $4.8 million and net profitability (EBIT) of $743,000. This business has demonstrated strong sales and profit performance over many years.

The organisation has systems and procedures in place throughout. Also, the owner is happy to train you. As a result, the business is ready for you to step into and operate, and no industry experience is necessary. If required, the vendor would be happy to stay on as an employee to ensure a smooth transition to the new owners.

This quality business is being offered for sale at $1.77 million plus stock.