22 Viewtech, Rowville, VIC 3178

Import/Export/Whole
Sold Price: 650,000 (01 Jan 2024)
Wholesale Lighting Business
The Phone Code for this property is: 22826. Please quote this number when phoning or texting.

This wholesale lighting business specialises in interior lighting products with a strong design-led focus that is well established within the Australian interior furnishing sector. Over its’ 75+ year operating history, this thriving business has amassed extensive and long term customer relationships with major retail, hotel, interior designer, developer and hospitality groups across Australia & New Zealand.
Sales are balanced across four key sales channels, limiting direct exposure to economic impacts in any single industry subsector. The business has a well established network of major brand B&M retailers, online retail partners, hotel brands and interior design clientele, complimented by an up to date eCommerce platform designed for both B2B and B2C sales. Revenue is currently in the $2.5-$3m range.
This business will be sold on a cash free, debt free basis. All stock, production, warehouse and office equipment will be included in the sale, with an average SAV of $500,000. This sale represents a fantastic opportunity for an owner operator or competitor to purchase a profitable and growing business in an exciting design based, industry segment.
While no technical lighting experience is needed to operate the business, a buyer with sales and management skills, along with a creative focus will benefit the continued growth of this business. Business operations are fully documented, while training and handover can be provided as part of a mutually agreed transition.
The current owners have held and successfully managed the business for many years and have decided it is time to pursue different interests. The business is profitable with a healthy cash flow and is now looking for new owners to lead it into its next growth stage. With extensive long term client and supplier relationships, coupled with rising sector demand, this business has a fantastic platform for future growth.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Briner & Associates provides residential conveyancing for Victoria. Please call (03) 9572 0255 or email briner_assoc@bigpond.com.

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Contact the Owner
Phone or Text: 0488 847 018
Enter Phone Code 22826 when prompted.

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