About the Business

Sell straight to the Wholesalers and avoid all the hassle…..

Overview:

Established over 25 years ago and trading under current ownership for almost half of that time, this business has earnt a distinguished reputation within the Electrical and Plumbing industries for representing a diverse range of quality products and providing an exceptional service.

Currently servicing over 100 Electrical and 150 Plumbing, Catering and Tile/Bathroom customers throughout Western Australia, the Business has also developed a relationship with a number of Commercial Architects and Consultants being invaluable end users of the products.

The business supplies only to wholesalers, leaving them to deal directly with trades and retail customers whilst at the same time keeping overheads to a minimum which means strong owner operator profits of circa $315k per annum.

A real standout feature of this opportunity is their own product range which includes some IP and patents on some plastic manufactured electrical products which they distribute to most of the large electrical wholesalers in Western Australia.

The business is the West Australian agent for an Electrical Manufacturer and also a Plumbing Manufacturer which they have nurtured and grown over the past decade. As part of their service, they provide warehousing, distribution and sales/ promotional representation with all stock provided on consignment terms.

Key Features:

• IP/Patents on their own products: The business has designed and developed a range of plastic manufactured electrical housings which are wholesaled to the majority of wholesalers.
• Turnkey Operation: Fully operational with streamlined systems in place for B2B customers
• Diverse Industry Segments: The business deals with both Electrical and Plumbing customers providing a diverse revenue stream
• Established Client Base: Client base consists of Plumbing and Electrical wholesalers
• Consignment Stock: The stock held from their Agencies is provided on Consignment creating significant cash flow benefits.
• Well trained staff in place: The business operates with two full time staff alongside the owner.

Growth Potential:

Opportunities abound to expand product ranges or take on additional agencies to really set this up as a leading distributor.

Reason for Sale:

The current owner is looking to retire and pass the business on to a new owner / entrepreneur to take to the next level.

Financials:

Detailed financial information will be provided upon request to serious buyers under a confidentiality agreement.

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