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Business for sale in QLD , GOLD COAST
Private Seller: John
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HOSPITALITY SUPPLIES DISTRIBUTION BUSINESS

 
Location: QLD - GOLD COAST
Category: Wholesale Distribution
 
Financial summary
Asking Price: $249,900
Sales revenue: $500,000
Net profit: $100k-$130k
Furniture/Fixtures value: $30,000
Inventory/Stock value: $40k - $45k
 
Business description

Wholesale Distributor of Hospitality Supplies.

This business allows flexibility for other commitments like family or lifestyle on a daily basis, such as golf, surfing, fishing, etc. It will suit either a semi-retired couple with experience in this field or a couple with a young family, who may be an ex-salesperson or manager of an out of town Hospitality Supplier who is looking to relocate to the Tweed/Gold Coast area.

This business will suit a husband and wife team, preferably with one partner being good with computers and administration work and the other good with sales.

It is located in Tweed Heads / Gold Coast area and sees the current owner working an easy 5 day week, Monday to Friday. The business could be relocated to anywhere on the Gold Coast or Brisbane area if necessary.

Turnover for 2011 financial year was just under $500,000 and is currently showing 12% growth for the for current financial year.

Will net husband and wife team $100,000 - $130,000 per annum.

Current stock $40K-$45K

Mostly Supplies to regular Holiday Accommodation Providers, Restaurants, Cafes as well as online all around Australia via Couriers.

Established 6 years, has exceptional goodwill with regular customers, low overheads, an easy Monday-Friday schedule.

Operates as a warehouse with orders placed over the phone, email, fax or website. With half of its sales prepaid and the other half with reliable account customers who pay on time.

There is no showroom or walk in trade, which is an exceptional opportunity to expand greatly as there is little competition in this area for this.

Website setup and generating a great income which automates a lot of work. Many customers, find what they need, place the order and pay online with little staff involvement. So you can print out the pre-paid orders and send them with the Courier daily.

Has full marketing systems in place which has seen the business grow consistently between 10% and 60% even through the struggling economy where many other Hospitality Suppliers are losing business.
Has full tax returns, bookkeeping records and market research available.

All systems are in place to ensure a smooth transition, comes with a unique custom built ordering system which makes it extremely easy for customers to re-order and prevents the need for a Salesperson to call on customers to take orders.

There is a massive scope for growth with a good salesperson opening up new accounts on the Tweed / Gold Coast area, especially Restaurants, Cafes, Clubs and Holiday Accommodation providers. Most recent customers are from online and word of mouth. With a good salesperson and face to face contact with local customers, this business will thrive ahead in leaps and bounds adding great value to this business.

With all the systems in place, competitive pricing, good service and ease of ordering, this business has excellant customer retention and will sustain the growth obtained from acquiring new customers.

Included in Price is Pallet Racking, Picking Ladder, Computers, Office, Custom Software and all existing systems.
 

 

 
General Information
Year established: 6 Years.
Employees: Owner Operator plus 2 casuals who do most of the work.
Trading Hours:Easy 40 hours. Monday to Friday
 
Other Information
Expansion: Has a huge scope for growth and is currently growing at 12% per annum with little effort.
Reason Selling: Owner has other property interests and is moving on.