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Presenting all reasonable offers,
This business specializes in wholesaling high-quality products to suppliers in both the 'new builds' and the lucrative 'reno' markets, and after nearly two decades of success, it's time for a new owner to lead the way.
With a dedicated staff members in place and minimal overheads (just five team members, including part-timers), you'll have the flexibility to put your stamp on the business without being overwhelmed.
The gross profit margin over a 5-year period has seen consistent improvement. 51% in FY19 to 56% in FY23, with the FY24 gross profit margin projected to sit around 53%.
Profitability has fluctuated from a high of over $1Million a low of $350,000(SDE) to over the past 5 year period, Motivated owner is open to looking all offers and ways to structure a deal to move forward.
A reasonable stock level included in this price sits just over the $1million mark with attention paid to releasing older lines, thus keeping the stock holding current and turning over.
This business will be incredibly attractive to an owner/operator who wants to breathe new life into the this brand and unlock its full potential over the next five years.
To find out more, go to linkbusiness.co.nz/WK00274 and press the “Enquire Now” button to complete an online confidentiality agreement.
Therese Bailey, 021 707 641, therese.bailey@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wholesale #import #waikato
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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