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Wholesale Distribution and Retail Florist Business

$620,000 + SAV

  • ID Ref 3402
  • Suburb Newcastle
  • State NSW
  • Status For Sale
  • Wholesale Distribution and Retail Florist Business

Business Description

Since its establishment in 1991, this business has been a consistent performer for its owner. The business is a well-known brand and has the foundations set for further growth is so desired. The current owner simply enjoys the weekends and public holidays off and makes a great return.

The business is best known as a wholesale and distribution business with an onsite retail arm which has grown organically, and currently has around $40,000 in wedding forward orders through to 2020.

The business enjoys high margins, diverse suppliers and customers providing security and includes a valuable list of quality assets.

This is a very rare business opportunity ideally suited to a hard working sales and marketing driven person who has leadership and management skills, while still having the key staff to assist and manage the business.

The adjusted Net Profit to the working owner for EOFY2018 is approximately $319,000, which represents 51% return on the business asking price, and the stock at cost estimated at only $18,000.

If you are interested in finding out more about this quality opportunity, please go to www.merchantbrokers.com.au. Alternatively, contact 1300 BROKER or call Shane Fox on 0415 407777.

Business Features / Snapshot

Your Business Broker

Shane Fox

Business Location

Newcastle, New South Wales 2300