Listing ID: 382
Improving your lifestyle and turning a tidy profit will be child's play with this long-established and well known Australian business.
Child Friendly Solutions (CFS) is currently based in Sydney but can be relocated to wherever you are and can even be run from home.
CFS is Australia's leading supplier of children's play equipment, specifically designed to occupy children in retail, medical and commercial environments.
Launched in 2004 with its signature product, the Play Panel, CFS has an established client base that includes Big W, K-Mart, Westfield and Westpac, as well as around 1500 medical practices, hospitals, shopping centres, retailers and government offices.
Revenue has been stable over the last two years, with strong growth in the last quarter of FY15. In fact June was a record month at $45,000 revenue. Based on new products and a move into the US market gross profit has grown 21% in FY15 over FY14.
- Asking price represents three times the FY14 Gross profit (2.5 times FY15 Gross profit).
- Owners will have significantly flexibility in the use of that Gross Profit. Based on FY14 numbers they will have circa $102K available per annum at current sales and prices, increasing to $111K based on FY 15 numbers.
- Sales driven by website, social media and online shop in Australia & USA
- Warehousing + dispatch could be done from home if space allows
- Price includes all stock on hand for immediate income stream + all moulds and means of production - would cost $200K-plus to start from scratch!
This is an easy, profitable business with an established market and a solid reputation. The current owners will provide training and say they are just a phone call away if you need them!
New South Wales, New South Wales 2097