Lloyds Business Brokers has completed the sale of a highly successful and much sought after Equestrian and Pet Import Distribution company with a Blue-Chip customer base.
Established over 38 years ago, National Equestrian Wholesalers has a highly regarded reputation as the most competitive broad-based equestrian importer/wholesaler in Australia. They specialise in value for money, high turnover, and quality goods for horse riding enthusiasts. Their vast range, which has been extended to include a range of canine requisites, allows them to be a ‘one-stop shop’ to their customers, with the ability to completely stock out a new Equestrian store from start to finish.
Since its inception N.E.W has built trusted relationships with some of the best equestrian and pet supplies manufacturers in the world. Products are manufactured in China, India and Taiwan under longstanding agreements built up over decades of close collaboration in all aspects of production.
Well done the Lloyd’s Team – it has been an emotional roller coaster and huge learning curve for us, but we have achieved what we set out to do. Keep the business running with our much loved and loyal workforce in our existing building with a blue-chip purchaser keen to keep it “business as usual”. Special thanks to Rudy Weber who kept me grounded with his wise and soothing advice. – Director N.E.W.
The sale follows an intense and highly successful marketing campaign that resulted in 85 qualified enquires and 4 offers on the table.
The sale was conducted by the Lloyds Team of Foundation Director Rudy Weber and Victorian Director Edward Alder who, through using the proven Lloyds Brokers Business Sales Process, in conjunction with the application of target marketing, produced some spirited offers which was able to achieve a pleasing result for both Vendor and Buyer.
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If you own a business in the Import/Wholesale, online sectors, talk with Lloyds Brokers for advice on how to buy or sell a business, contact the experts at Lloyds Business Brokers, Australia’s Industry Leading Business Broker on 1300 366 943.