Price
$395,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Bay of Plenty Region, Tauranga
Category
Import/Export/Wholesale
Listing #
15648
Business Broker
LINK International Head Office
Business Broker
Hawke's Bay Gisborne
This is an exciting opportunity to take over a national import / wholesale business which was established in 2010 with a focus on providing quality home ware products and gifts to New Zealand retailers.
The business imports a wide and comprehensive range of home ware and gift products from a small number of carefully chosen suppliers in Asia.
The business purchases on a FOB basis ex Asia with the owners controlling their own inbound freight. The business is run and operated by the owners (husband and wife team) who advise on an average week they are not required to commit more than 30 hours each (Mon-Fri only) providing them an envied lifestyle.
The business is currently operated from a modern dual warehouse and office facility in a lifestyle and growing destination in New Zealand.
The lease is currently $35,000 p.a (combined for two units) which expires in 2017. However the next break in the lease is Aug this year which enables the business to be relocated anywhere within New Zealand should the new owner so desire.
The business has a large database of regular customers which is growing on a steady basis. Sales for this financial year are expected to be around $420,000 (excl GST) with a consistent GP at 50% returning a husband and wife a projected healthy +$100,000 wage.
Everything is set up and ready for the new owners to walk in and start operating from day one , with suppliers, logistics, clients, stock on hand, website etc all in place.
The business is very easy to manage, the current owners are approaching retirement and believe that the business would benefit hugely from younger and more energetic owners.
The warehouse is all set up with a packaging / despatch area, storage racking, forklift, mezzanine floor etc.
Revenue is generated through the businesses very impressive website and via commission only reps operating throughout New Zealand.
The business comes complete with plant at $30,000 and stock floating around $230,000.
This business really does tick all the boxes
• Easily managed business
• Only 30 hours a week (Mon-Fri) each by husband and wife
• Smart modern premises
• Sales and profits growing
• Re-locatable within NZ
• Large client database
• Returns owners +$100,000 p.a
• Lifestyle location
If you are looking for that perfect husband and wife business you may have just found it. Call me today to obtain more information.
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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Business Broker
LINK International Head Office
Business Broker
Hawke's Bay Gisborne
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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