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A Highly Regarded Uniform Manufacturer and Distributor Taking Over $1M Per Annum $2,200,000 (17013)

$2,200,000

Melbourne City Region, Victoria

A Highly Regarded Uniform Manufacturer and Distributor Taking Over $1M Per Annum $2,200,000 (17013)

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-operatorMaurice 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: 17013Broker: Maurice WolmanPhone: +61 3 9819 4211 / +61 4 1495 7839Email: maurice.wolman@linkbusiness.com.au
Ref: ME02485
Timestamp: 20240312083552

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Last updated: 13th March 2024

Summary

Property Type
Business
Contract Type
For Sale
Location
 Melbourne City
State
 Victoria
Price
$2,200,000
Category
  • Manufacturing/Engineering

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Agency

LINK Melbourne / Tasmania

LINK Melbourne / Tasmania

Contact

Maurice Wolman