Ad ID: 60077

Import & Wholesale Business for Sale Christchurch

Import & Wholesale

Business Description

Import & Wholesale Business for Sale Christchurch

Fashion (Bags, Wallets, Purses & Accessories); Relocatable; Ideal “Bolt-On”

Business Highlights

Exclusive distribution of a high profile UK brand
Has invested in its own brands
Product sourced from India/Asia
Four dozen reseller sites including department stores, specialty stores & bag shops
Small amount of export sales (Fiji)
Circa $250k + GST sales per annum; with GP at 45-50%
Stock at cost; goodwill negotiable
Trading in New Zealand for over 50 years; owner retiring and selling up three separate trading divisions (of which this business is one).

Business Resources

The Buyer

This opportunity is an ideal “bolt on” for an existing import business that already has, or seeks exposure to the fashion industry and/or the types of resellers noted above. Some product seasonality occurs but the core product range (leather bags) is enduring. It is assumed a new owner will have warehousing facilities and existing admin/sales resource.

The products are complementary to other fashion & accessory products; jewellery and/or footwear.

Buying Cycle/Vendor Support

Two buying trips per annum are required, with new designs provided by the core supplier and also driven by pragmatic research visits to Sydney/Singapore. The retiring vendor will assist with supplier introductions and design suggestions on the first buying trip.

Sale Price:             $ 50k + stock at cost (circa $240k)
Net Surplus:          $ 100-130,000 + GST Gross Margin pa

Tabak Limited licensed under REAA 2008

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