Office Supplies Wholesale Company Seeking Loan in Smithfield, Australia

- Company sells ex-leased IT equipment in wholesale and retail.

- Partnered with 4 major leasing companies and we source the IT equipment from them.

- We sell the products through our retail shop, online store, and to wholesale clients.

- Our retail shop was opened this year and we have sold to over 7,500 customers which include individual customers, schools, and colleges.

- For wholesale, we have 10-12 clients which include system integration companies and other retailers.

- We also export to 2 clients in Singapore and Pakistan.

- Revenue split: 60% of our revenue is from retail / wholesale sales and 40% is from online sales.

- Promoter has over 20 years of IT industry experience and 5 years of experience in the current business.

- Our export sales were affected by COVID, but our retail and online sales have picked up and we saw a 20% increase in revenue since last year.

- Business owned assets include stock, interior furnishings, and equipment.

Laptops, desktops, monitors, and computer accessories items.

Inventory, forklift, office furniture and shop furniture.

Rented 2 warehouses and 1retail shop for AUD 12,000 per month.