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Refer to Broker
This business has been established in excess of 20 years importing a range high quality electrical products. There are trade marks in place which will be transferred to the new owners providing security and peace of mind for the business.
Hours of operation are Monday to Friday only (8am to 5pm) leaving your weekends free to enjoy the sunny lifestyle of Mount Maunganui / Tauranga.
Comprehensive & loyal customer database with an excellent product provide the perfect combination for a solid business.
Smart & modern office / warehouse unit based on a 6 month lease at $15K p.a with one right of renewal, however the landlord is willing to extend the lease or alternatively you can easily relocate the business within New Zealand. The landlord is also willing to consider selling the freehold.
There are plenty of growth and expansion opportunities for the business however the previous owner enjoyed a relaxed lifestyle whilst still earning in excess of $100,000 p.a.
Sales for the last 2 years have averaged at around $260K but with minimal operating expenses the business consistantly provides the owner a very healthy return.
This business ticks nearly all the boxes.
The current owner has only just acquired the business, however due to unforseen personal but exciting circumstances is having to put the business immediately back on the market.
The business is made up of $17,773 of plant equipment and approx $130,000 of stock.
An exciting opportunity that will not be on the market long – so call me today if you are interested.
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.
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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