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This long established and well regarded Auckland based business imports and distributes a range of branded machinery and consumables on an exclusive agency basis. Customers come mainly from the Engineering & Manufacturing sector.
The business has a solid profit history with 2013 / 2014 profits to a working owner in excess of $160k. There is a significant income stream from sales of both equipment and consumables on an on-going basis. The current owner has roles in general management and supplier relationships as well as customer-facing sales.
A background in engineering and / or technical equipment sales & marketing could assist a new owner accelerate the development of this business. Many opportunities exist for a skilled operator to grow the business further. Retirement sale.
The price of $500k is well substantiated with financial information and includes circa $340k in stock.
Note: Strict confidentiality applies. To this end the name and location of this business will only be disclosed at a personal meeting with the broker. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared. Complete a confidentiality agreement at linkbusiness.co.nz/18394
*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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