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Niche Adelaide Business to defined audience segment. NO COMPETITION!!
$50,000
Forgive the anonymity but given the nature of the niche, USP and my current situation - I can only disclosure specifics to interested buyers only. Firstly, I'll explain the reasons for selling. I have multiple businesses, one of my businesses I am paid full time and want to put more attention and grow that business. My other is a passion project and I would like to invest more in that from the funds generated from this sale.
The business itself is selling 2 varieties of niche product for a well defined audience. Becuase of the product (being difficult to transport at scale nationally) the audience for this business is South Australia and will take significant growth to expand nationally - although possible for sure.
Each state in australia supplies this product to their local market to great success, but I am the only person in the country who is purchasing this product from a manufacturer interstate and on selling to this market and retaining a higher quality. This reduces margins but also operational costs.
I'm asking for $50k as this is a rounded 4x multiplier on the annual gross profit generated from this business since its launch in 2019. Since launch, I have completed 0 marketing because of my other interests and the business has grown to this value through great product, customer service and word of mouth alone. This is why I believe it is fair to include, but valuing at $0, the brand of the business. This means that theres no chance I will simply start this business again and compete. This organic growth speaks volumes to the value of having a strong niche within a targeted audience segment.
The right buyer for this business will either be looking at growing the business on the side of other employement through clever marketing, or quickly scale the company to greater profits through clever marketing and moving production in house, which will increase profit margins from 25% to a whopping 200 % (this is a very high markup product). Moving manufacturing inhouse would increase Gross profit from $12.5k per year to $26k. I never did this because of funds required to open a warehouse and time constraints.
Please note that the purchase of this business means the supply of supplier agreed contracts, full purchase of customer lists, brand transfer of ownership including social media and website and a signed non-compete declaration if requested. This business is operated by me under a sole trader and there is no entity to sell under a contract of sale. The only items on offer for sale are listed above.
Now is the time to buy this brand -Price is non-negotiable and payment is required in full. Feel free to message me with any questions.
The business itself is selling 2 varieties of niche product for a well defined audience. Becuase of the product (being difficult to transport at scale nationally) the audience for this business is South Australia and will take significant growth to expand nationally - although possible for sure.
Each state in australia supplies this product to their local market to great success, but I am the only person in the country who is purchasing this product from a manufacturer interstate and on selling to this market and retaining a higher quality. This reduces margins but also operational costs.
I'm asking for $50k as this is a rounded 4x multiplier on the annual gross profit generated from this business since its launch in 2019. Since launch, I have completed 0 marketing because of my other interests and the business has grown to this value through great product, customer service and word of mouth alone. This is why I believe it is fair to include, but valuing at $0, the brand of the business. This means that theres no chance I will simply start this business again and compete. This organic growth speaks volumes to the value of having a strong niche within a targeted audience segment.
The right buyer for this business will either be looking at growing the business on the side of other employement through clever marketing, or quickly scale the company to greater profits through clever marketing and moving production in house, which will increase profit margins from 25% to a whopping 200 % (this is a very high markup product). Moving manufacturing inhouse would increase Gross profit from $12.5k per year to $26k. I never did this because of funds required to open a warehouse and time constraints.
Please note that the purchase of this business means the supply of supplier agreed contracts, full purchase of customer lists, brand transfer of ownership including social media and website and a signed non-compete declaration if requested. This business is operated by me under a sole trader and there is no entity to sell under a contract of sale. The only items on offer for sale are listed above.
Now is the time to buy this brand -Price is non-negotiable and payment is required in full. Feel free to message me with any questions.
- Date Listed:20/12/2023
- Last Edited:12/02/2024
- Business Type:Other
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