| Code: |
FP571 |
| Business Type: |
Distribution/Import |
| Area: |
Sydney |
| Established: |
The business commenced in November 2005 and experience rapid growth until FY09
due to the global financial crisis when the AUD$ fell dramatically against the
EURO and USD$. Huge improvement due to dollar and changes in the methods of
purchasing.
|
| Lease: |
MONTH TO MONTH BASIS - Due to the business relationship with the major
tenant, any prospective purchaser would have the opportunit to either
continue with the arrangement or negotiate a lease. |
| Rent (excl GST): |
FY10 N/C – FY11 $12,000PA
Annual Outgoings: INCLUDED IN RENT |
| Trading Hours: |
Due to the nature of the business there are no set operating days / hrs. This
is one of the key benefits of the business – you are not tied to it 24/7. |
| No of Staff: |
No staff – Business managed by owners |
| Vendor Hours: |
Director 1 10hrs per week (working Director)
Director 2 0.5hrs (meeting)
Director 3 0.5hrs (meeting) |
| Approx Turnover(excl GST): |
Actual- 2007 2008 2009 2010(Incomplete yr part forcast)
Sales 942,936 1,747,302 463,970 515,525
|
| Suppliers Terms |
Supplier 1 150 days
Supplier 2 150 days
Supplier 3 90 days
Supplier 4 90 days
|
| Stock |
Stock on Hand as at September 2009
Stock- $ 56,600
|
| Pre-Orders |
As at 1/9/09 there are $218,530.13 orders scheduled for delivery by 1st November 2009. |
| Reason for Sale: |
Each of the Directors has other business that are requiring more of their
time. They cannot commit the time required to sufficiently grow the business
and their time is more valuable in other areas |
| General Information |
The business imports wine from France and Chile (there is enormous potential to grow the
supplier database) and sells it to local (state based) wine distributors who then on sell to
restaurants and liquor stores.
The business commenced in November 2005 and experience rapid growth until FY09 due to the
global financial crisis when the AUD$ fell dramatically against the EURO and USD$.
The company have well established supplier contracts and customer base all who support the
business growth.
The business has exclusive Australian distribution rights to all the products it sells.
* Due to the strong Australian Dollar and the benefit of hindsight, all shipments are now
covered by forward cover. Gross margins have increased considerably.
Wine knowledge is not a requirement to run this business. The purchaser needs to have
excellent organisational and people skills with an entrepreneurial flair.
Consultancy services are provided to brands wanting to import into Australia ie, One company
presently being represented on a consultancy basis. Others already indicating representation.
The consultancy area has huge potential. Companies wishing to sell into the Australian Market
without spending huge amount of funds, pay a consultancy fee to have their products
represented by a reputable company.
|
| Asking Price: |
P.O.A. |
| |
