Currently on offer is a longstanding manufacturer and supplier of sheepskin footwear, UGG boots and natural fibre socks, all handmade and locally crafted in Australia! It has been selling its products for retail and wholesale since the 1980s, resulting in the brand’s popularity. With an energetic and motivated owner at its helm, it presents tremendous potential for further growth, especially by focusing on online retail and acquiring new wholesale clients.
*2 retail locations; 1 factory
*Taking $15,000 PW
*P&E worth $250,000
*850 sqm factory
*New lease available
Nick Kolaitis and the team at LINK Melbourne are thrilled to present a lucrative retailing, wholesaling and manufacturing business to the market.
It is a leading manufacturer in Australia known for producing high-quality footwear and socks, all handmade in its factory in Melbourne. Its factory is approximately 850 sqm and is complete with all machinery and office equipment required for operations, including a well-maintained van.
The business has retail kiosks positioned in two busy shopping centres in the city, both exposed to high volumes of foot and motor traffic daily. It also sells its products online via its website’s eCommerce functionality, enabling it to reach markets beyond its local area.
Notably, the business is a supplier for a self-funded government enterprise. The business’s strong ties with such present an opportunity to expand towards other government contracts, potentially increasing its revenue.
All the groundwork has been laid, and this business is ready for its new owner. The lovely Vendor is open to reasonable offers and is excited to discuss them with you.
To learn more about this exciting business opportunity, give me a call today!
Listing ID: 16974
Broker: Nick Kolaitis
Phone: +61 3 9819 4211 / +61 411 428 161
*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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