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Eyewear Distribution-cloud Based Business For Sale

Sydney City Fringe, New South Wales, Australia
Asking Price:
$49,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$100K - $250K (AUD)

This business is a great opportunity for an owner/operator who can work from home. It is a great business there are few few fixed overheads as you operate in the cloud. Training is included.

The current owner is expanding his investment interests and does not want to be involved in any day to day businesses any more. All systems are included so you just commence working on and in it! Overheads are minimal!

This Eyewear distribution business has many brands ranging from luxury to mainstream and exclusive distribution agreements for Australia and New Zealand. This business has existed for more than 20 years. The fact that the distribution agreements are exclusive means that no one else can sell the same brands and compete with you in the market.

There are many existing clients that are mainly Optometrists and some fashion stores. There is much opportunity to expand the business to optometry groups and also add more of the 1200 independent optometrists in Australia and the 200 in new Zealand.

Last year we added two new popular and well known brands thugs that are only just being launched to the market, so the business will have immediate growth.

Commission agents or you personally sell by making appointments and cold calling with sales kits that contain around 100 frames for each brand. The agents generally have a dedicated region earn about 15-20% commission on sales. However, if you are motivated and enjoy selling, you could do this yourself and save the commission. Leads are established through social media marketing and direct emails to optometrists, promoting the products and specials, encouraging inquiries.

This opportunity is ideal for an owner/operator who can assist the agents with marketing support and do the office administration by processing orders from agents, ordering from the oversea suppliers and then arranging delivery to the client.

In fact, the owner could even do the sales for one or more territories, adding substantially to the profitability.

This is a turn key operation that is fully in the "cloud". All systems set up so you just start operating the business. You would collect the orders from the agents, place the orders with suppliers via email. There is no stock held and all orders are placed and generally take 10 days to be received. They are shipped to us via courier using air freight.

Wholesale prices of the frames (that is the price you sell them to optometrists and fashion stores) range from $79 per frame to $330. Accounts with the suppliers and are usually paid 60 days after invoice received so funds can be collected in time from optometrists who pay around 30 days, for payment of goods.

New ranges are generally launched at the major overseas trade shows in Milan and Paris so you select new samples at least once each year to top up so that you and your sales agents have a reason to visit the client again. New samples can be selected by having a business/holiday or they can be selected on the net or some sent to you for selection and return.

For more information, please contact us by using the form below.

Property Information

Location:

Can be operated from home office via a widely used generic cloud based software

Premises Details:

Home office

Business Operation

Expansion Potential:

Much great potential to fashion stores with the sun ranges and also more optometrists as we have just expanded and are updating the sales agents to ensure wider exposure. There are about 1200 independent optometrists in Australia and 200 in New Zealand and we desire a market share of 15%. Achieving this will more than double the sales revenue. Also we have just introduced two new recognised brands this year that will add to existing sales and grow the market.

Competition / Market:

There is always competition from other distributors that sell other brands and we focus on the independent optometrist who wants something different for his customers. Effectively, we assist them to increase revenue and profits by having points of difference such as the genuine manufacture in Japan, France or Italy.

Reasons for selling:

Owner is at an age where he wants to not have an operational business, as focusing on managing investments and the desire not to be involved day to day anymore.

Trading hours:

Anytime but generally working hours.

Employees:
None. All agents are commission based Contractors with signed agreements and ABN.
Years established:
20

Other Information

Support & training:

Extensive. We will train the purchaser but it is easy.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Vendor finance available

Inventory / Stock value:
$50,000 (AUD)
Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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