, SYDNEY 2000
For Sale $3,100,000
Rad Benicky

View phone number

Core Business Brokers
802 Pacific Highway,
Gordon, NSW 2072


Retail for sale


For Sale $3,100,000

Business Details

Biggest and oldest retail business in the horse/saddlery industry - Strong online sales growing

Biggest and oldest retail business in the horse / saddler industry - Strong online sales growing
Established 150 years ago.

Held by the same family for over 43 years this business sells high quality niche products.

Well organised, with huge spare sales capacity and the benefit of many years of research and manufacturing experience, you could potentially double the size of this business fairly quickly as the vendor has been actively slowing this business down.

Profit = $500,000 - approx.
Stock = $500,000 - approx.
Turnover = $2.74M
Price = $3.1M+ Stock approx. $500k

FY13 Turnover $2.78M
FY14 Turnover $2.93M
FY15 Turnover $ $2.74M - discontinued a number of lines which have now been reintroduced
FY16 Forecast Turnover on track for significant growth of around 10% for the 2015/16 year

Reasons for sale: The vendor has owned this business for over 45 years and is now ready to retire.

This business has a great name and is the largest single store in Australia, has a large database of more than 26,000 names and a comprehensive base of high quality products many of which are designed and patented by the business.

• High margin Gross Profit 44%
• Biggest single store in the Australian industry
• High barriers to entry - 5 trademarks & 1 patent.
• Exclusive branded products
• On track for significant growth this financial year and can be grown quickly to double the size
• Minimal staff - vendor + 2 full time + 2 part time staff
• Modern spacious premises - excellent fit out, can accommodate significant growth, includes bulk warehousing
• Vendor support - extended handover & training + phone support + vendor as a consultant to assist
• Systemised & automated - walk-in and benefit from the 150 years of trading history
• Excellent products - inventory never expires,
• Modern Website - SEO, CRM, Emails, Reports, Sales and Inventory. Easy to update
• 26,000 currant customers on the Database
• Great conversions - 83% of database have purchased in the last 2 years, updated regularly every 2 years (33,000) in total database
• High repeat business - over 80% of sales are from repeat customers
• Secure & dynamic - very well known in the industry, a brand customers trust
• 65% of sales in FY15 were for unique products the company invented and specialises in

There are countless ways to grow this business quickly including: adding new product lines, opening new locations, franchising, , exporting, affiliates / referrals, new / upsell product lines, trade fairs here and overseas, social media, retail promotions and branding - the IM details each of these easy to implement opportunities.

The Vendor is ready to sell immediately and seeking offers of $3,100,000 + stock. The Vendor and his family are available to provide extensive handover & training.

If you are interested in buying this business and have finance in place please call Rad Benicky on Click to call or in business hours Click to call

Summary »

  • Business Category: Retail
  • Business Sub Category: Animal related
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Core Business Brokers
802 Pacific Highway,
Gordon, NSW 2072

Phone: 94132977
Fax: 94133818

Rad Benicky

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