ESTABLISHED, PROFITABLE & UNDER MANAGEMENT RETAIL/WHOLESALER – PACKAGING, DISPOSABLE TABLEWARE, HOSPITALITY & PARTY SUPPLY

Posted by: Henry Chow | August 5, 2024

$1,050,000

Description

Established, Profitable & Under Management Retail/Wholesaler - Packaging, Disposable Tableware, Hospitality & Party Supply

- Brisbane QLD

Short Summary

Thriving wholesale & retail business, extremely established, under management & profitable with cheapest rent in town & 35% netting against revenue pa

Key Selling Points

Under Management
Passive Income
Cashflow Positive
Non-hands on Owner
Long term Management and Staff in place
Strong year to year Sales
Strong year to year Growth
Strong year to year Profits
Low Rent
Long Term Lease in place
High Profit Margins
Clean business
No Competition
Niche Industry
Niche Business
Long-term Customers in place
80% Repeat Work
Best Location

This thriving retail & wholesale business with a loyal customer base and endless potential for growth is generating passive income for its owner since 2018. Owner’s role is to handle the paperworks, ordering and accounts (around 10-15 hours weekly) and he doesn’t need to attend to the business daily.

This well-established, highly profitable and semi under management packaging, disposable tablewares and party supplies business nested in a prime location of Brisbane’s Southern suburb. Operating successfully for over 6 years, this packaging & party supplies shop has become a “go-to destination” for locals looking to celebrate special occasions and savvy distributors who buy and resell its products to regional retailers or to consumers directly.

The business is an Australia’s leading supplier for catering, packaging, eco-friendly dinning, hospitality and party supply covering everything for restaurants/cafes catering and packaging products and disposable tablewares, industrial grade cleaning chemicals for hospitality businesses, party & festive products including balloons, decorations, paper plates/cups, costumes and accessories. This shop offers a diverse selection of high-quality party supplies to cater to every theme and occasion. Recently, the owner introduced new florist business as to add value to the overall business whilst attracting more customers and drive additional sales without incurring additional labor expenses.

Averaged weekly income is $30,000 and wholesale business contributed 40% of the total income and is supported by a team of reliable and experienced staff with a full time team leader who administer the day-to-day operation of the shop. Weekly rent is around $1,300 (inclusive GST & O/G) for a shop size of close to 600m (2 storeys).

The owner has a personal reason to go overseas, hence reluctantly offloading this great business which generates ball park of over $0.5 million net profit pa. and is committed to provide the best transitional support for the new owner.

This is a perfect business for any investor who looks for passive income or an entrepreneur who is motivated to take the reins, continue the legacy and bring it to new height.

It is also an excellent opportunity for Visa 188A applicants to start their new chapter in the Australian commercial arena.

With a proven track record of consistent profitability, this business presents an excellent opportunity for entrepreneurs or investors seeking a stable income stream.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $1,050,000

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. 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Property Features

Real Estate Agent's

About
Bio
Recent Listings

Henry Chow

0421 040 857

Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!

About
Bio
Recent Listings

Amy Wan

0498 229 813

Fluent English, Cantonese, Mandarin. Amy started her property consultancy career in 2001 and worked with a very prominent real estate agency with over 500 branches across China. During that time, she was based in Shenzhen China and was fortunately and repeatedly selected as the “best saleswoman of the year”. Amy started her own Real Estate business in 2005 and had two branches in one suburb in Shenzhen with around 30 sales persons working for her. She successfully built up the business to being one of the major players in the area with annual turnover of approx. AUD$2million. Her working philosophy is to nurture rapport with all her buyers and sellers and continuously connect with them even long after their related sales transactions are finished. Besides, she always likes to help them with non-business matters and treat them like her friends. As a result, she has successfully built up a network of connections with most of her businesses based on referrals. Amy has a deep and well connected network within the Chinese community both locally and abroad and seems to magically find buyers for every business whether it’s for her own client or one of our other team members! Amy is a highly motivated person and looks forward to helping connect you with the right results.

Henry Chow August 5, 2024 Comments Off

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ESTABLISHED, PROFITABLE & UNDER MANAGEMENT RETAIL/WHOLESALER – PACKAGING, DISPOSABLE TABLEWARE, HOSPITALITY & PARTY SUPPLY

Description

Established, Profitable & Under Management Retail/Wholesaler - Packaging, Disposable Tableware, Hospitality & Party Supply

- Brisbane QLD

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent's

Henry Chow

Amy Wan

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