Barron Imports is for Sale!Listing: #HC00098
About this Business for sale in Hawkes BayBarron Imports is for Sale!
Barron Imports is an institution in Hawkes Bay. It truly is an inspirational business. Most of its products are specially made for them overseas and this provides work and income for many people, some in remote hill tribes.
Their products are ethically sourced and made sustainably with all wooden products made from recycled wood.
Age has caught up with the current owners and hence the need to sell their much-loved business. They are invested in a good succession plan for the business and will be there to guide the new owners through all aspects of the operation.
Currently based on their own property the business will need to be relocated after settlement.
Still more opportunities for growth:
- Set up a retail store in Hawkes Bay or wherever you are based
- Franchise it
- Do pop up stores around the country, this has been extremely successful in the past
The setting up of an online shopping portal on their updated website has no doubt contributed to a lift in turnover of nearly $100,000 in the last financial year.
Great business, great demand for their product, great turnover, great profit – it now just needs a great new owner. Is that you?
Asking price $320,000 plus stock.
Value of stock can vary depending on timing of arrival of containers. From $300,000 to $700,000.
The owners are happy to work to your budget in this regard.
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*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.