Summary of the business
This wholesale, mainly online business has been around for 20 years and are Australia’s leading specialists and suppliers when it comes to knives and accessories. The extensive range caters for several industries such as agricultural, farmers, butchers, chefs, camping, fishing, leisure, and homewares stores as examples.
The business has established quality supply arrangements with only the best international brands with stock sourced from Sydney and to a lesser extent - abroad. This operation enjoys exclusive Queensland distribution for one exciting product range that is particularly well known within the hospitality and agricultural sectors.
Being a mainly online business means any purchaser can either operate this business from their home or amalgamate it within an existing business. Imagine a business without fixed overheads like rent and staff! The business requires around 24m2 in working space for stock and packaging.
Whilst a husband and wife team work together within the business their combined time equates to around 20-30hrs per week.
For EOFY2021 the owners had an adjusted Net Profit of $132,000 and enjoyed a very flexible lifestyle.
Stock at cost totals approximately $150,000.