Best Wholesaler of Hair & Beauty Products Available

• ID2183
• Revenue$1,862,766
• Net Profit$347,067
• IndustryImport/Wholesale/Distribution, Retail

Summary:

Established 8 years with a large client base, great warehouse set up, strong growth in profits over the past years and heading for the best year ever this year. Representing popular name brands on an exclusive basis for the region ensures future growing profits for years to come. Only 5 short days, leaving your weekends free. An ever increasing online business is developing very strongly. The industry is growing and changing and this business is at the forefront of this.

Potential:

Profits are up 50% on a like for like basis this year and that is coming from expanding the product range on an exclusive basis plus rising internet sales with two online sales sites. Opportunities to open in other regional locations and scale the operation.

Skills:

General business skills.

Hours:

Monday to Friday 8.30am until 5pm – no weekends.

Lease:

New 5 year with a 3 year option at $5,000 per month with 3% increases.

Employees:

2 part time casual doing 56 hours and the owners each doing 29 hour not always at the same time.

Reason For Sale:

They are at retirement age and have a desire to head around Australia in a Toyota Land Cruiser.

More About The Business:

The hair and beauty industry is growing strongly and changing to online and smaller boutique operations which are very profitable. This business supplies the products to these professional salons as well as conducting an online business. All together the revenues are growing, the Gross profit margin is improving with a very likely 50% increase in net profit in the financial budgets for this years.

Customers come to the premises and pick up product, others order online and some are freighted out.

Its a very clean and tidy operation, well laid out in a modern showroom with product training room which suppliers use to conduct promotions and training courses.

Cash flow is strong as suppliers provide up to 60 day terms and significant sales are made over the counter for cash or a card. This is a big plus in financing the stock level.

If you are looking for a growing business in a clean space then this is a standout.

History:

Established 2011.