Ad ID: 59845 Inactive

Online Specialist Gift Business for Sale Mount Maunganui

This is a Monday to Friday operation and closed public holidays. How simple can it get!

Location:
Asking:
$380,000
+ Stock $75,000 approx
Type:

Business for Sale Description

Online Specialist Gift Business for Sale Mount Maunganui

This business has been operating since 2006 and has forged itself a strong position in the market with regular & repeat clients. These are a mix of both corporate & private customers and has developed into a predominantly online business. This has enhanced its geographical reach & creates excellent cashflow with the majority of customers paying up front before the gifts leave the premises. There is  a small staff of part timers who support one working owner making this a very easy business to operate. Gift hampers are customised with product sourced from within New Zealand with no direct importing alleviating exchange fluctuations or freight issues.

Business Resources

Key Business Strengths:

  • Good customer base of repeat customers including many corporates
  • A reliable and crediable brand built over 10 years
  • Predominately a cash business with very few debtors
  • Opportunities for growth
  • Easy hours of 9am - 5pm, 5 days per week
  • Small staff required
  • Good reputation and levels of repeat business
  • Enjoyalbe industry segment

The current owner is ready for early retirement. This provides an opportunity for a new owner to take this already well established business to the next level with renewed vigour and enthusiasm. The Vendor will provide the neccessary assistance to ensure a smooth tranistion.

Net Surplus: $176,000 projected YE 2017

                   $122,000 YE 2016

EBITDA: Earnings before Interest, Tax, Depreciation and Amortisation

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