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| THE BUSINESS IN A NUTSHELL Adobe Loos & Worms has been trading for about 10 years. First starting as South East Worm Farms and renamed to Adobe Loos & Worms in 2003 as a result of a changing focus of the business. We sell mainly Composting Toilets, Greywater Systems and associated equipment & products. The product brands represented are Nature Loo, Clivus Multrum, EcoLet & recently Sun Mar. The business is operated from our home in Tathra with a product Display Area included. WHY ARE WE SELLING WHAT IS THE BUSINESS To get an idea of the products have a look through the website www.wormsloos.com.au and this will give you a good introduction to the products and the philosophy behind the business. Adobe Loos & Worms are agents for Nature Loo, Clivus Multrum, EcoLet and SunMar ranges of waterless composting toilets. We can sell the products anywhere in Australia as long as we feel we can properly service the customer. The main sales region is in the NSW South East region and we have sold product to South Australia, Victoria and northern NSW. There are no specific agency areas.
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WHAT ARE THE RETURNS Last year, 2003-2004, the business turned over about $35,000 and after expenses showed a profit of about $10,000. The average time per week put into this side of the business is about 10-15 hours. One of the primary considerations to take into account when assessing a business run from home is that many of the costs of the business are costs that are already part of the normal running of the home that can now be considered a business expense. The same can be said of any travel and associated expenses, much of which can be absorbed into R&D (research & development). WHAT DO YOU GET FOR $15,000
INCLUDING;
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FUTURE OF THE BUSINESS We have just commenced regional advertising in the local paper and in the last 3 months have sold $21,000 in just Composting Toilets. We have not embarked in this sort of advertising before, and have just relied on the Yellow Pages and the website. This business has a great future and this potential is supported by the recent sales figures.
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