Gold Coast Business Brokers Phone : 0423 16 **** The Team

Professional Fishing Rods and components Online.

Listing Id : 300253

Location : Queensland - GOLD COAST

Category : Import, Retail

Asking Price : 250,000

Business description

Manufacturer and distributor of componentry parts and accessories to the fishing industry. Manufacturer and distributor of own private label branded products as well as Exclusive Distributor in Australia, New Zealand and Oceania for international brand which arguably controls half the market share. Currently marketing money is spent on Google Adwords, Social Media, Facebook Boosts, and Instagram Boosts. However, the business does have an extremely active database of many thousands of customers to market and mine. The business currently experiences 6 to 15 new inbound customer enquiries a day depending on what promotion or offer is being offered however these aren't necessarily "enquiries" as customers are predominantly finding the products Online and then making purchases with little to no prompting from the business. Very occasionally will a sale be made from walk-in or over the phone. 90% of sales are received overnight and shipped the following business day. Some orders are taken on notice and shipped directly from the manufacturer to the purchaser however this would be less than 5% of turnover. The typical sale is worth $100 to $150 in value. Approx. 80% of sales come from website shopping cart, 10% from email orders and 10% from phone orders (traditionally the majority of sales were sold on account and collected at the end of the month however with the introduction of the Online shopping cart the majority of orders are now paid and completed Online eliminating the need to provide accounts to customers. This is a part time business and only requires a few hours per day. A new owner may decide to work harder and spend more time growing the business. Profit over $150,000 to one part time owner. Asking $250,000 + Stock Stock may be offered on consignment or possibly some vendor terms may be agreed to.

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