EOI - Mongrel Socks - 30+ Years of Trading

Price

Refer to Broker

Profit *

$200,000

Sales Revenue

$500,000

Location

Hobart - Greater Area, Hobart

Category

Industrial Manufacturing, Clothing/Footwear

Listing #

TA00328

Hobart Clothing/Footwear Business for Sale
Hobart Clothing/Footwear Business for Sale

About this Business for sale in Hobart - Greater Area, Hobart

This is an excellent opportunity to acquire an established manufacturing business with over 30 years of operation. 

The business produces premium merino wool socks along with a complementary range of bamboo and possum-merino products. Sales are made online and through a permanent weekly market presence, reaching both retail and wholesale customers across Australia and internationally.

The business achieves a consistent annual turnover of $500,000 to $550,000, with winter sales more than double those in summer. Its key strengths include a strong brand, a loyal customer base and no direct competition. In addition, the business has the capacity to increase production, expand wholesale distribution and leverage digital marketing.

*Turnover $500k to $550k, steady 5 years
*Winter sales 2.5x summer levels
*Market stall $5k to $6k weekly
*$900k warehouse, triple capacity
*Two Italian machines, branded van
*30+ years brand, no competition, loyal customers

Don’t miss this exciting opportunity, call Kelvin or Mark today!

Listing ID: TA00328
Broker: Kelvin Markham 
Phone: 041 915 2612
Email: [email protected]

Broker: Mark Bent
Phone: 0417 357 037
Email: [email protected]

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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