Import Distribution Linen and GiftwareListing: #WL00292
About this Business for sale in Wellington Greater AreaImport Distribution Linen and Giftware
Our client has run this exceptional business for the past 30 years, identifying and adapting to market conditions and implementing state of the art technology to ensure they maintain their market leading position. The business imports and distributes soft goods and giftware to an extensive range of wholesale and retail customers as a truly B2B enterprise. The introduction of an online presence simplifies the customers purchasing process and B2C orders are growing consistently. Price is currently based on targeted stock levels which the Vendors are reducing through an efficiency programme.
A recent focus on rationalising large format customers has reduced revenue but maintained margins, freed up resources and has repositioned the business for further growth. This is an outstanding opportunity to venture into importing or strategically add to an existing operation to gain further economies of scale.
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***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
*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.