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Refer to Broker
An amazing opportunity to acquire an excellent established business operating up and down the coast of the Bay of Plenty, Coromandel Peninsula, Rotorua and Eastern Waikato.
The business is currently operated by one working owner with a family member managing admin / accounts approximately 20 hours a week.
There are two parts to the business – one is an established highly profitable stand-alone business with another bolt on distribution agreement for the same products with a high profile and rapidly growing New Zealand company.
This business really does have it all
• Cash surplus to owner is $112K p.a with $130K available to a couple
• Sales and profits have increased year on year for the past 4 years
• Combined Sales $415K – based on financial year ending 2013
• No staff or lease to worry about
• Sunny Bay of Plenty / Beach location – Lifestyle
• Home based
• High demand product that has been around for +100 years
• Quality Plant equipment value around $65K
• Fun, Funky and lifestyle business
• Huge room for growth / expansion.
Sales YTD are up again 25% with a projection for the Year End of – Sales over $500,000 and cash surplus to the owner in excess of $150,000
Vendor is offering comprehensive handover and training included in the sale price.
I could go on! – But if you are looking for the business that really does tick literally every box – this is the one. This business WILL be gone very quickly so act fast.
Price is inclusive of stock at $30,000 (approximately).
*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.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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