Ad ID: 74933

Import and Distribution Business for Sale Auckland

Excellent Financial & Operational Performance

Location:
Asking:
$9,325,000

Business for Sale Description

Import and Distribution Business for Sale Auckland

Business Opportunity

This is an excellent opportunity to own a well-established and highly profitable business. On-going growth due to an aging population and the ability to continue to add additional products and services means the excellent financial performance has plenty of room to continue. The business sells new and second-hand recreational vehicles to a discerning customer base and currently represents 3 international brands in New Zealand. Additional services provided include workshop and servicing facilities on-site as well as a parts department.

Strengths of the Business

  • Recognised and long-established brand in the recreational motor industry
  • Good database of repeat clients developed over several years
  • Very good location
  • Multiple revenue streams including product and ancillary support services
  • Strong Financial Performance

Growth Opportunities within the Business

The business has trebled its revenue and quadrupled its earnings before interest and tax since 2015 despite the fact it has never had a specific growth strategy. A new owner could continue to grow the business further by:

  • Diversifying into other products to grow revenues
  • Improve sales and marketing efforts especially around the website
  • Consider new business areas like the rental of a vehicle fleet
  • Improve management and supervision of staff to deliver productivity gains
  • Implementing an improved business development and marketing strategy

Financial Performance

From FY15, revenue has risen from $8.3 million to in excess of $23.3 million in FY18, a compound annual growth rate of 41%. During this same timeframe adjusted EBIT (Earnings before Interest & Tax) has risen from $597,000 to $2.34 million, a compound annual growth rate of 58%. Gross Profit margins have remained fairly steady during this same period despite the large increases in revenues. The FY18 revenues represent the sale of 169 new and second-hand vehicles.

Sale Price: $ 9,325,000 plus Stock at Valuation

Net Surplus $ 2,342,835 (Actual FY18) EBIT: Earnings before Interest and Tax

Interested In This Opportunity?

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Tabak Limited (Tauranga)
For more info
Contact:

Andrew Larsen

09 306 8638 or 027 483 4200
Phone: Andrew Larsen 09 306 ... or 027 483 4200
Tabak Business Sales (Tauranga)
Licensed REAA 2008
Broker Ref: 140818

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