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Available for purchase is a well-established manufacturing and distribution business that has developed widespread popularity for producing high-quality uniforms and accessories for small to major hospitality operators. Since 2011, it has developed an extensive and loyal customer base, which has been key to its success and stellar revenue, reaching over $1 million. With the right marketing strategies in place, this business is on track to further growth a fairly straightforward feat for any motivated and energetic purchaser.
*Taking over $1 million (F.Y. 2021-2022)
*Gross profit at $778,322 (F.Y. 2021-2022)
*407 sqm warehouse
*9-year lease (commenced 2020)
*2 FT | 1 owner-operator
Maurice Wolman and the team at LINK Melbourne are thrilled to present a lucrative manufacturing and distribution business that specialises in designing and producing quality hospitality uniforms and accessories for hotels, restaurants and a broad range of other companies.
Owing to its high-quality products, it has cultivated a database of 18,000 contacts, which incoming owners could capitalise on by reaching out via EDM (Electronic Direct Mail) marketing or text announcements. The business currently acquires its customers through Google and Facebook, but its database could be further expanded through social media, particularly Instagram, Snapchat, TikTok and Pinterest.
Currently, the business’s revenue is driven predominantly by walk-in and online sales. However, an opportunity to engage in B2B (Business to Business) trade is presented, which could potentially diversify and increase its revenue substantially.
The business occupies a 407 sqm warehouse, about 200 to 220 sqm of which are offices with wheelchair access, disabled parking, toilets and a kitchenette. This business also has ample space for storage and retail operations.
With its comprehensive product range, extensive customer database and diversified revenue streams, this business is poised for continued success and expansion, especially with the right owner in place.
This is your chance to enter Melbourne’s fast-growing hospitality, manufacturing and distribution industries through a unique and minimally penetrated niche. To learn more about this business, give Maurice a call today!
Listing ID: 17013
Broker: Maurice Wolman
Phone: +61 3 9819 4211 / +61 4 1495 7839
Email: maurice.wolman@linkbusiness.com.au
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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