Business ID: XB154499
TURNOVER: $1.7M - $1.8M - LIMITED COMPETITION NO SKILLS REQUIRED
This is a rare opportunity to buy a highly profitable, tightly held family business established by the current owners in 1994.
Boasting strong ongoing relationships with its Australia-wide wholesale client base, the business enjoys an excellent cash flow - without overdrafts or additional financial assistance.
With limited competition in SA and Australia, the owners take a healthy income.
· Well established business with multiple years of trading history available
· Manufactures knitted products such as fabrics, socks, cheesecloth, rugby tops, school jumpers, cricket jumpers, vests and trims
· Australian agent for Mahaluxmi yarn and fleecy fabrics
· Excellent set up with nothing to spend walk in and make money from Day 1
· Short lead times and flexible order sizes keeps the business competitive and superior to other suppliers and overseas markets
· Plant and equipment valued at $570,000 included in the sale
· All equipment is well maintained and is in excellent condition - no big ongoing maintenance costs
· Prime location in Somerton Park industrial precinct Easy access and plenty of off-street parking
· 200amps power supply to building + 120 solar panels to reduce costs
· Nil marketing as the business supplies wholesalers not the public
· No prior knowledge or skills required 6-12 months' training available plus ongoing guidance and long-term support
· Perfect for an existing company - or enthusiastic young couple / partnership
New owners could increase revenue through advertising or hiring a salesperson.
Potential to boost online presence / sales and establish direct customer relationships to increase profitability and margins.
PRICE BY ENQUIRY
Property Code: 4064
