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$7,000 USD

Australian Sourced

australiansourced.com.au

Appears in Electronics and gadgets , Australia, Queensland, Small Business, Business and Franchises under $10,000, Inventory, Software

General description

My name is Mark Armstrong; I am the Director of Australian Sourced – Official Supplier of Winbo 3D Printers located in Brisbane QLD, Australia.

We are officially endorsed as one of Australia’s only official re-sellers (certificate available).

Our company (Sole Trader) was formed in November 2017 when we noticed a gap in the market in relation to quality 3D Printers being supplied to the education system at a competitive price. We currently stock the Winbo Super Helper range, which are a perfect desktop size machine and a machine that we strongly believe is the best fit for Australian Schools.

I attended the Canton Fair in Guangzhou China in May 2017 and this is when I found these quality printers at an affordable price. I personally spent a couple of days at the factory watching the printers and filament being manufactured from scratch. I also personally witnessed the factories quality control systems in place. You'll be able to see pictures of me on the factory floor on the 'About Us' page. I also have other multiple pictures of the factory available.

We have a great relationship with the manufacturer and they are available 6 days a week to answer any questions we have. There is no real language barrier as most of the Winbo employees I talk to speak excellent English.

A brief summary of the Super Helper range is below –

Note: 2 out of the 3 printers listed are multi-functional printers. They are capable of 3D Printing, Laser Engraving and Laser Cutting.

SH105 - This is our entry-level printer. With easily adjustable settings and simple functionality, the printer is perfect for the beginner. All software comes with the printers and all files are transferred to the printer by way of SD card. The printing plate (or building area) is 105 x 105 x 155mm. RRP $369

SH105L - This has the exact same features as the above machine however this machine comes with laser engraving/cutting capabilities. There is some real fun to be had with the engraving function, as you will see from some of the videos we have created on our Facebook page. Take note that the cutting function is based around thin material such as paper, cloth and thin leather. The SH105L retails for $479. The laser produces 0.5W of power, which is a very low and safe output.

SH155L - Again, exact same functions as above (including laser) however this machine comes with a bigger printing area - 155 x 155 x 205mm - This has been our best seller so far. The SH155L retails for $559.

Winbo also manufacturer many other 3D printers and accessories however at this point we only sell the Super Helper range. All their range is available to us to import and sell.

The machines are very user-friendly. The machines are not a DIY machine like a larger number of other Printers on the market; they come fully assembled and are a plug and play device. As mentioned above, software does come with the machines but there are also multiple free software applications available on the Internet.

We currently offer free shipping Australia wide. Depending where you ship to in the country will determine your true earnings. You can add a postage cost to each item if you like by a click of the button in the settings section which will increase your margin. At present, posting a 3D Printer has cost anywhere between $19 - $40.

Consumables -

The Printers only use PLA Filament, which is biodegradable, eco-friendly and non-toxic. MSDS available.

Our Filament is available in 12 colours and the RRP is $31.99 - Each roll is 1kg.

Key Printer information -

  • Low power consumption of 45W

  • Portable. Able to be carried with ease with a 2 in 1 patent handle

  • Supports multiple languages

  • All software and manuals come installed on supplied SD card

  • Online support via email (Currently me, however very very rarely needed)

  • 3 colours available - Black, Red and Blue

  • User-friendly interface suitable for school aged children (With Supervision)

All printers come with a 30 day returns policy and a full 12-month warranty. We have received no returns to date.

We are registered as a responsible supplier with ERAC – Electrical Regulatory Authorities Council which expires on 5th December 2018. The renewal fee is $200 (Certificate available). This is not a requirement to sell our printers, it was more so to give potential customers peace of mind.

We are also a proud supporter of the Royal Children’s Hospital Foundation where for every printer purchased, we donate $5 to the Foundation.

There is a great video clip on the main page of our website that will give you a good understanding of the printers’ capabilities. There are also a number of short videos located under the tutorials tab located at the top of our website. To date, we have sold 6 printers and 19 rolls of filament along with giving away 1 x SH105 printer as part of a promotion.

Our sale includes -

  1. Fully functional website which I pay $29US per month to Shopify. It is also maintained for $50pm via a third party. This cost includes any small amendments needed plus monthly backups. Web developer also available to make large changes for a very reasonable fee. If you are tech savvy you wouldn’t need to pay this $50 monthly fee. Website maintenance contract runs out on 15th December 2018.
  2. Facebook business page with 325 followers
  3. Instagram page with 775 followers
  4. All stock - 13 Printers (3 x 105, 8 x 105L, 2 x 155L) and 5 rolls of coloured Filament. Value $6216.95
  5. All manufacturers details and official introduction
  6. All stationary - Custom stickers and stamps etc
  7. Details of previous customers
  8. Free transport of all stock anywhere in Australia
  9. Fully registered Australian Sole Trader business with ASIC. Sole Trader Business name due for renewal on 29th October 2018. Cost for renewal is $36 for one year and $84 for three years.
  10. Australian Sourced email address transferred into your name. $95.88 for 12 months. Renewable on 12th Feb 2019. This is an e-mail essentials package through GoDaddy/Office 365.
  11. Owner of domain name [REDACTED] – Renewable on 31st October 2018. Two-year registration for $33.98
  12. Over 1500 coloured professional coloured flyers promoting the Printers.
  13. 7 YouTube videos

Note: We are not registered for GST as yet as we do not generate over $75k per annum.

Reason for Sale –

Put simply, I took on way too much at the same time as starting this online business and could not give the business the time it required to excel. There is also no foreseeable time in the future that I will be able to spend on it. The business/website has been running in the background while I worked on other projects. I honestly believe with the right owner and the right marketing campaigns Australian Sourced could be a big player in the Australian 3D industry.

Financials and traffic

Profit looks minimal however this is based on limited time being spent on the business. Sales have the potential to be much higher once time is spent marketing the business and getting the Australian Sourced name out to the public.

Average profit/month

$62 USD

Average overall profit margin

32%

Average number of sales/month

1

Value of inventory

$4,425 USD

Average Monthly revenue

$204.99 USD

Average Monthly traffic

163 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

$50 pm for 3rd party web maintenance which expires in Dec 2018.

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$1.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$100.00/month

Inventory warehouse

$1.00/month

Domain

$2.00/month

Inventory

All Inventory is on 100% perfect condition.

Located in Brisbane

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Instagram

australian_sourced

Mailing list

5 subscribers

Social media followers

1,100 people

Q & A

Why should someone buy this store?

3D Printing is rapidly becoming mainstream in today's society, yet there are still hundreds, if not thousands of 3D Printers on the market costing consumers thousands of dollars. Winbo have already created a range of machines that are super cost effective and a quality product. I have laid all the foundations for someone to simply step right in and keep charging forward. For someone with great marketing skills this business would be your dream as all it requires is exposure. I would be more than happy to spend a couple of days (free of charge) with the new owners to ensure a smooth transition.

How can the future owner improve the business?

There are a number of ways the future owner could improve and grow the business -

  1. Contact education departments and implement printers into Schools as part of the STEM program.
  2. Contact larger retailers such as Target, K-Mart, Bunnings, Aldi, Big W etc.
  3. Attend EduTECH and gain exposure to multiple streams of potential customers. This is the largest education exhibition in Asia-Pacific and the Southern Hemisphere. Held in Sydney. www.edutech.net.au
  4. Attend the National Manufacturing Week and gain exposure to multiple streams of potential customers. Held in Melbourne https://www.nationalmanufacturingweek.com.au/
  5. Attend the National Future Schools Expo. Held in Melbourne. http://www.futureschools.com.au/
  6. Exposure, Exposure, Exposure! These are some of the most affordable multifunctional printers on the market, they just need to be seen!

What work have you put into the store?

  1. Developed a great enticing website that explains the 3D Printer industry and our range of products
  2. Travelled to China to source the printers and meet with suppliers at the Winbo manufacturing facility.
  3. Built a long-lasting relationship with the Winbo Sales team
  4. Created a small business that someone can easily step in and take advantage of the expanding 3D Printer industry.
  5. Setup Facebook and Instagram social media accounts with over 1000 followers combined
  6. I have run a handful of small Google Adword and Facebook Campaigns
  7. Had the printer manuals and user guides re-written by a professional editor for the English market.

$7,000 USD

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