Highly profitable niche wholesale distribution business

Price: This business is already sold

Key Sale Highlights

Long standing business within the community and Mid North Coast with growth potential.
Business can be run by a family / partnership / company or by a Manager.
2 x Warehouses to provide stock quickly to customers
Product ranges cover a large variety of clientele.
Updated / current cloud software integrated with Xero to cover future growth

Proudly listed by Ian Jones

Business Overview

This quality business services a growing commercial clientele with a diverse range of business consumables. The business has been successfully trading since the 1970’s and is being offered for sale for the first time in over 20years. The business services a diverse customer base from a broad range of industries. There are no specific qualifications or licences required to run this highly profitable and well-established business. Importers and manufacturers are always looking for regional distributors and this business is perfectly located to service the fast-growing mid-north Coast NSW markets. The business has established an enviable reputation and solid customer base which provides a unique opportunity for a new owner to take this already successful and highly profitable business to a next level. The business already services hundreds of clients in key markets in the broader mid north coast region of NSW. The reputable brand is well regarded and has a reputation for being a trustworthy and reliable partner for its suppliers and growing clientele. The business would suit an energetic, serviced focussed, sales or marketing driven person who has leadership or management skills or someone with experience in service, transport, wholesale or distribution related industries. With adjusted owners’ earnings in 2022 of circa $408,000 for the current owner, this business represents an excellent return on investment and great opportunity for the new owner. If you are interested in finding out more about this quality business, please email or call Ian Jones on info@merchantbrokers.com.au or 0402 111500 or visit www.merchantbrokers.com.au.

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BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
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