Business Summary
This high profile e-commerce business is a very well-known leader in the Australian Auto Parts Industry.
Sales for 2022 financial year were in excess of $15.3 million sold to its loyal customer data base that number over 35,000 without any trade customer accounts on payment terms.
Established in 2012 the business has experienced strong growth due to very careful planning and operational systems that make this distribution business a joy to operate. The business is run by 22 staff that are managed by the business's full-time on-site manager.
The modern business premises are presented immaculately with over 1000 m2 of warehouse & office space. In-house systems are state of the art and are maintained by the business's internal I.T. specialist team and the administration manager that has over 20 years experience in the Auto part industry.
There is an opportunity to lease or purchase the commercial property for a business purchaser.
The business suppliers are some of the most famous manufacturers in the Auto Part industry of which 70% are supplied domestically leaving 30% from overseas manufacturers which gives the business a lot of stability of supply.
The owner living remotely only visits the business two days per week or when required and is happy to stay on in a consultancy role for a period.
Australian on-line product sales in 2022 and eCommerce market penetration rate reached 85.2%, and the number of people buying online was 22.0 million. Nearly 1 out of 10 products was purchased on-line.
This business has excellent foundations and has positioned its self with detailed future planning to take great advantage of the Online Auto part industry moving forwards.
Key Financial Data
Sales 2020 $9,129,823
Sales 2021 $13,454,641
Sales 2022 $15,362,461
Profit 2020 $556,281
Profit 2021 $930,815
Profit 2022 $1,180,478
Asking $2,587,186 plus stock of $3,150,000
*Stock is subject to change seasonally.
A comprehensive information memorandum is available to qualified interested parties that includes, full video inspection of the business premises, interviews with the owner, general manager and a fully independent business valuation.
Use this link to complete our confidentiality agreement and receive more information - https://forms.gle/torihDZY6VyuqQA38
Property Details