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Refer to Broker
Established for 15 years, this import retail & distribution business specialises in the food and catering industry. The main product sold is a very high quality consumable which the vendor believes is unrivalled in New Zealand.
The business is being sold with a solid Exclusive New Zealand distribution agreement providing the new incoming owners future security. The company has a comprehensive list of high profile clients throughout New Zealand including bakeries, supermarkets and restaurants.
The business is currently owned and operated by a husband and wife team with a combined input of approximately 40 hours per week but could easily be managed by 1 full time dedicated owner. Sales and profits have increased for the past 3 years generating a turnover for 2012 in excess of $600,000 and a cash surplus to the owners of over $180,000.
The owners advise the opportunity is there for the new owners to increase the sales of the business to over a $1m with the introduction of new products and more focus around sales and marketing.
The business operates from a smart and modern warehouse/office unit located in a lifestyle coastal region. A new lease to be negotiated with the landlord, rent estimated at $15,000 p.a. The business can easily be relocated within New Zealand. Stock at present is currently around $75,000 which will rise to around $130,000 at the beginning of December 2012. Plant at $20,000.
This is an easily managed business requiring little skill base providing the current owners an excellent lifestyle. Genuine reason for sale – Serious enquires only.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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