B2B and B2C Commercial & Retail Improving Homes; Design, Style & Flair
Sales Business Business for Sale Christchurch
This Christchurch business has been established for over 50 years and has succeeded through highs, lows and many economic cycles. Business highlights include:
Likely sales of $8m + this FY
Sales and GP up 14% and 18% respectively on last year
Huge brand equity; an iconic Christchurch brand
Experienced & loyal staff
Manufacturing facility
Multiple suppliers multiple markets
High profile showroom in a prominent location
Well over $1.3m of forward orders
Consistent forward work and excellent, identified future project opportunities
Estimated 70/30 % commercial/retail sales split
High value of stock & plant (circa $1m)
Our vendor is heading into semi-retirement and gold card status. They want to step back from their management & support role, and be free to travel and enjoy a lot more me time. Their good health and a passion for their industry and team will ensure an optimal handover period.
The buyer will be:
An existing reseller/retailer wishing greater exposure to the Christchurch market and annual gross profit comfortably exceeding $1.5m net of materials and direct labour/install costs
An individual with a proven track record for B2B and/or B2C reseller businesses
A person who enjoys bringing out the best in others
Open to greater use of social media and digital marketing to increase brand loyalty & reach
Passionate about improving peoples home environment
First time on the market for 50 years, this iconic Christchurch business is ready for fresh energy and new ideas.
Sale Price - $1,600,000 incl. $1m+ stock & plant
$800,000+ EBITDA 2024FY estimate