Predominatly Wholesale Excellent Margins Foam & Rubber Business For Sale

Business description

FOAM AND RUBBER - Wholesale and retail
Excellent Margins!!

• 8 year track record with a iconic reputation for excellent service and quality products at good prices.
• Very little competition industry wide, specifically in current location
• Business is currently made up of a small warehouse/office/shop in the industrial part of Brookvale.
• Large shop/warehouse of approx. 380 - 390 sq/m at a reasonable rent, including an office upstairs.
• Some good retail sales but predominantly wholesale.
• Very well known location

The business is currently operated by the owner, whom has enjoyed a steady growth over the years, even during the last 12 months!

We have sold a business of a similar nature before and I truly believe that the nature of this business will thrive in a bad economy because it is in fact the cheaper alternative!

The principal lines consist of a large range of foam, mattresses, rubber matting, interlocking foam tiles, sheet rubber and many more accessories and related niche products.

Although the business is stronger tha ever, the owner is realistic to market conditions and ha priced the business accordingly...

Property information

Location:

North Shore - Well known location

Premises details:

There is no lease in place based on the business owners request.
The landlord would be very willing to a provide a new owner a lease for the premises.
Alternativley the business could be relocated.

Other information

Expansion potential:

There is enormous potential to expand ths business. There are retail sales that occur from existing premises and the business is quite well established, however the real money is in growth of the wholesale side of the business.
One would ask the question - How is this business being affected by the global financial crisis? I love the questions because this business is actually thriving at the moment as they would be the business to offer the cheaper alternative to going and buying new! Rather fix up and re-foam the old couch!

Competition / Market:

There is certainly competition in the industry, but a very healthy level of what I have been taught to consider "Perfect Competition"

Support & training:

The owner is prepared to offer a handover period.

Reasons for selling:

Time for change of scenery and owner wants to concentrate on his other newer business.

Trading hours:

Monday - Friday - standard office hours

Inventory / Stock value:

$12,000 (included in the asking price)