Asking Price: ₱37,000,000
A Twenty Five (25) Years old flourishing General Trading, Importing and Wholesale Company with direct import access with international suppliers and good credit standing.
Established in 1995 as a wholesaler for retailing stores that expanded over the years with broad Distribution Channels for their supplied products.
The Business has established a very good and credible relationship with retailing stores as clients that made their business stable with continued repeat orders.
The Company supplies to major retailing stores with chain outlets nationwide. Some of their retailers own more than a hundred stores that promote and sell their products over the counter. Some shops of their clients are located inside the major malls and others are strategically located in commercial places.
Products they import and sell varies from computer peripherals, electronic gadgets, textiles, household products and more.
This Company has the potential to yield a good return-on-investment with shorter payback period.
According to the owner, their Net Profit from last Financial Year 2019 is around ₱30,000,000.00 (before Owner’s salary).
The Business operations is manned by only five people and the operations cost is less than Five (5%) Percent of the Gross Sales. Established Distribution Channel is the backbone of the business.Any relevant products can be added for expansion to reach potentially ₱500,000,000.00 gross sales a year with twenty-five Percent (25%) net profit margin, according to the Owner.
YEAR GROSS SALES NET PROFIT
2019 P 115,000,000.00 P 30,000,000.00
2018 100,000,000.00 not available
2017 85,000.000.00 not available
New Owner will be assisted personally by the selling owner for up to six (6) months of transition period, to ensure the efficient transfer of trade secrets, logistics and operations.
Reason for selling: The owner is now in her senior years and handling the business has become a real challenge, and the son assisting her has other business of his own to attend to.