Import and Distribution Business for Sale Christchurch
www.ekowood.co.nz - B2B via Reseller & Direct (Commercial) - Nationwide Sales - Commercial & Residential Markets
Business for Sale Description
Import and Distribution Business for Sale Christchurch
The Business
Sales have averaged $700k + GST in 2014-18FY’s. Whilst Chch-based this is NOT about the rebuild, with major commercial projects in Wellington, Hamilton & Auckland contributing to Ekowood’s recent success.
The following attributes make this business an appealing opportunity for the right buyer:
• Gross margins 40-50%
• Very low overheads
• Admin & logistics outsourced (can easily be brought back in-house)
• No lease; no staff
• Exclusive distribution rights into NZ
• Owners role was sales & business development, but no proactive selling in last 18 months
• Good stocks (~$400k) purchased at a favourable exchange rate
• Strong and credible brand; reasonable market share but requires a sales boost
• Business split roughly 60/40 commercial/residential
Business Resources
The Buyer:
This business simply needs an energetic and motivated salesperson to focus on resellers, commercial builders, architects & specifiers. A broad understanding of the construction sector and/or flooring markets would be useful, but there is nothing technical about this product range that cannot be learned from the outgoing owner or the supplier.
The ideal buyer is:
• Senior rep or account/product manager wanting to do their own thing
• An existing supplier to these markets seeking a bolt on product
• A Chch base is not essential albeit this is where the admin & logistics support is currently based
• This support can be brought back “in-house” saving a cash overhead of $65k + GST
Note that current trading (2019FY) is only circa 200k + GST sales, reflecting no input from the owner, albeit admin & customer service is still provided to Ekowood clients.
Sale Price: Expressions of Interest
Net Surplus: 2014FY $287,134 EBPITD
2015FY $168,934 EBPITD
2016FY $130,747 EBPITD
2017FY $134,788 EBPITD
2018FY $195,658 EBPITD