Giftware Houseware Import Distribution
Location Australia
Asking Price Range $2.5M - $5.0M
Gross Revenues $2500000
Net Profit / Cash Flow $400000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1992
Number of Employees 6 - 9
Inventory 400000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale Retirement & health.
Description This business has been established for over 15 years, based in Melbourne Australia. It imports giftware and housewares from China, India and the Philippines. Product is sold nationally via sales agents in each of the Australian States.
The business has sales in excess of $2.5m and is profitable and cash flow positive. There is a small staff comlement of 6 who would stay with the business.
Due to ill health in the family and the age of the owner, they are seeking to exit the business. The owner is prepared to stay for a year or longer by negotiation to assist the purchaser with a smooth and succesful transition. The most likely transation will be the sale of the assets of the business plus a goodwill factor. The estimated enterprise value of the business is around $1.5m. Contact for more information on this Giftware Houseware Import Distribution business for sale.
Click Here To Contact Seller
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