Ad ID: 76130

Wholesaler and Online Retail Business for Sale Auckland

Relocatable, easy to operate, wholesaler / online retailer

Location:
Asking:
$405,000

Business for Sale Description

Wholesaler and Online Retail Business for Sale Auckland

Relocatable, easy to operate, wholesaler / online retailer $134K Cash to Owner

Established over 20 years ago, this company supplies a unique and popular range of its own branded fashion accessories, bags, gift and homeware products. Its exclusive wholesale brands can be purchased from their network of over 420 reputable retail stockists throughout Australasia. More recently retail brands have been developed and sold directly to the public through dedicated New Zealand and Australian websites. Direct sales through these retail websites have grown rapidly, now accounting for around 35% of sales, up from just 3% of sales in FY 2017. This has proven to be a source of significant and ongoing growth at significantly higher margins than the wholesale trade.

Other key features include excellent marketing and integrated stock control, ordering and accounting systems. This along with the transition, just over 2 years ago to 3PL (i.e. Order processing, despatch and storage outsourced to a 3rd party) has helped ensure owners day-to-day operational involvement is minimised and the business is fully relocatable as it can operate anywhere from a home office. In addition the efficiencies introduced by using 3PL has reduced expenses from circa 30% to around 23% of turnover.

The vendor is also prepared to provide a new owner with ongoing support to ensure a smooth and successful transition.

Apply without delay, as interest in this opportunity will be high!

For more details contact Ivan Tava: Mob: (027) 288 8855 Email: ivan@divest.co.nz

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Divest Business Sales - Divest Ltd
For more info
Contact:

Ivan Tava

027 288 8855
Divest Business Sales
Licensed REAA 2008
Broker Ref: DV10500

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