Import and Distribution Business for Sale Christchurch

Nationwide Sales   -   Exclusive Brands

Business for Sale Description

Import and Distribution Business for Sale Christchurch

This business is based in Christchurch and has grown in recent years both organically and by acquisition. The following attributes make this business a stunning opportunity for a high net worth individual; group of investors or private equity:

• Established & profitable

• Consistent sales and profit growth

• Stock circa $3.0m + GST

• Consistent margins

• Attractive products & brands

• Massive (and several) market sectors

• Easy access location with plenty of parking

• Ecommerce B2B enabled website

• Well known and credible supplier but huge growth potential

• Over 1500 resellers

• Sells New Zealand wide from its Christchurch base

• Capable & settled staff; current GM-in waiting

• Established multi supplier relationships

• Wide (but related) product range

• Most products/brands sourced from offshore

• Secures “indent” sales of $900k per annum (circa 15% of turnover)

• Jan-Feb sales are 21% up on same time last year, and 9% ahead of budget

Business Resources

The Buyer

In addition to the purchase price (which includes $3.0m stock and $200k P&E) the new owner will require perhaps $500-750k in working capital – depending on the time of year. The current owner/GM is getting less and less busy due to excellent staff, and the business will appeal to

• A high net worth individual

• A small group of like-minded investors who can chip in $1.0-1.5m each

• A private equity firm

• An existing importer looking to bolt on an additional $2.5m gross profit to their business

Businesses this good rarely come to the market

Sale Price: $4,750,000 (includes $3.2m of stock & plant)

Net Surplus:

2018FY $928,206 EBIT 2019FY $1,089,167 EBIT budget