- Avg. revenue /month$36,840
- Avg. sessions /month6,890
- Avg. profit /month$33,622
- Inventory value$375,000
Why this business was started
The business was started in 2007 to satisfy a discerning fireclay butler and belfast sink seeker for their kitchen or laundry. Belfast sinks at that stage were very hard to source in Australia and as such were not found in kitchen or bathroom retail stores.
The purpose of the business was to bring high quality brand new fireclay kitchen sinks to Australian consumers who knew what they wanted but could not source them. It was our objective to also offer prices that were less than retail stores that did offer them by supplying directly from our warehouses.
Today fireclay has seen a resurgence on two fronts as it is again a popular look for both modern and classic kitchens, as well as new styles being developed to evolve a classic look.
The reason of selling this business
Over the last 15 years our business has evolved being directly involved with the manufacturing of fireclay sinks as well as establishing like businesses in other country territories.
We believe that it is an appropriate time as we have a very deep infrastructure established in Australia by way of warehouses, and logistics partners along with many repeat customers to sell the Australian territory business to a suitable operator whom can grow organically in a growth market the existing business. With our focus shifting to being an ongoing partner whom will supply fireclay sinks to you as the Australian territory owner.
This will see the owner able to fully reposition as a supplier to a territory partner of an established business,, supplying both product and marketing support, as opposed to operating what is now two businesses congruently.
What's involved in running this business
The business requires engagement with customers assisting them with their product selections, fulfilment and management of goods from established warehouses nationally.
Managing currently 7 staff, and associated responsibilities.
Maintaining stock levels, ordering and maintaining business accounts.
Growing business by way of existing opportunities with current client capture model for existing products and by way of new products.
Running promotions on line, identifying local trends so that local and wider opportunities can be met.
Staying abreast of local compliance requirements, so that the sites content is relevant at all times.
Traffic and Performance
- Avg. revenue /month$36,840Verified
- Avg. sessions /month6,890Verified
- Avg. profit /month$33,622
- Inventory value$375,000
- Profit Margin50%
- Avg. sales /month100
- Shopify plan
- Inventory warehouse
- Retail space rental
- photo editing software, accounting software, stock management, customer service app
- warehousing, electricity, phones, logistics, packaging
Logo and branding assetsLicense Agreement
Personal support after saleWe will be actively available for up to 6 months in house, with then ongoing support as a result of the territory ownership agreement that will see territory owners continuing the local dynamic of the international network.
Product photosLicense Agreement
Social mediaNot Included
SuppliersExcellent Supplier relationships established for over 15 years.
How to grow this business
The store offers the ability to grow organically as on line business continues to be the norm. Also side ways opportunities to target local builders and interior designers, building locally a loyal customer base whom will use the companies branaded products by way of specifications
Skills to have
The owner should have competences ranging sales, inventory management, and B2B as well as B2C . A knowledge of web business practices and social media marketing will also be essential.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
Verified listing data
The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.
Secure messaging platform
You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.
Encrypted payment capture
Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.
Take time to inspect the business
Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.
Safe store transfer
When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.
Post-purchase 24/7 Shopify support
Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.