This business is a wholesaler and direct online seller of traditional and specially blended premium teas, as well as teapots and teaware. With the increasing promotion of the health benefits and appealing taste of tea, the tea industry is booming.
The brand and specially selected teas with unique variations have been trademarked. Teas include health teas, herbal mixes, and blends.
You will be buying a well-established business of 16 years with:
- blend recipes,
- warehouse setup,
- well-established supplier chain,
- wholesale client base with approx 200+ active clients
- retail client base with 5,000+ clients (organically built)
- branding and marketing
- Established social media platforms: Instagram (13,000 followers) FB (7,000 followers), FB DB (170,000+), Linkedin and Youtube
Wholesale customers include hotels, gift stores, cafes, restaurants, bars, office suppliers, conference and function venues, catering companies. Sales are through various sales models: wholesale sales, online retail sales, and subscription packages.
All staff is subcontractors. Staff includes a sales manager, financial assistant (working a few hours per month), and warehouse staff (20 hours per week). This business can be run under management or taken on as a side business, the owner does not need to spend a lot of time in the business. The current owners involvement has been minimal in the last 5 years.
Average annual turnover of $250,000. Rent for warehouse space is $25,012 per annum. Currently operating out of shared warehouse space in the south east. Operations can be relocated - a space of approximately 250 to 300 square metres is required.
Fantastic opportunity to acquire a well-established business with a solid product range and sales and supply chain all established.
Over $70,000 worth of stock is included in the sale price of $150,000 negotiable.
For more information and to organize an inspection please contact Elle Likopoulos on 03 9566 7300 or Phil Booysen on 0429006921.