The business imports wine from France and Chile (there is enormous potential to grow the
supplier database) and sells it to local (state based) wine distributors who then on sell to
restaurants and liquor stores.
The business commenced in November 2005 and experience rapid growth until FY09 due to the
global financial crisis when the AUD$ fell dramatically against the EURO and USD$.
Huge improvement due to dollar and changes in the methods of
purchasing.
The company have well established supplier contracts and customer base all who support the
business growth.
The business has exclusive Australian distribution rights to all the products it sells.
* Due to the strong Australian Dollar and the benefit of hindsight, all shipments are now
covered by forward cover. Gross margins have increased considerably.
Wine knowledge is not a requirement to run this business. The purchaser needs to have
excellent organisational and people skills with an entrepreneurial flair.
Consultancy services are provided to brands wanting to import into Australia ie, One company
presently being represented on a consultancy basis. Others already indicating representation.
The consultancy area has huge potential. Companies wishing to sell into the Australian Market
without spending huge amount of funds, pay a consultancy fee to have their products
represented by a reputable company.
Rent (excl GST): FY10 N/C – FY11 $12,000PA
Annual Outgoings: INCLUDED IN RENT
Approx Turnover(excl GST): Actual- 2007 2008 2009 2010(Incomplete yr part forcast)
Sales 942,936 1,747,302 463,970 515,525
Suppliers Terms Supplier 1 150 days
Supplier 2 150 days
Supplier 3 90 days
Supplier 4 90 days
Stock Stock on Hand as at September 2009
Stock- $ 56,600
Pre-Orders As at 1/9/09 there are $218,530.13 orders scheduled for delivery by 1st November 2009.
For more information about this business for sale, click the Contact Seller button.
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