nzbizbuysell.co.nz/96347
Ad ID: 96347

Import and Direct Sales Business for Sale Christchurch

Exclusive Brands -  Nationwide Sales - Christchurch Base

Location:
Asking:
$1,750,000
including $500k of stock

Business for Sale Description

Import and Direct Sales Business for Sale Christchurch

With a 20+ year history of selling products and proving an excellent ROI, this business is on the market for the first time. The business has exclusive rights to several key brands, and owns some of them outright. The products are a mix of home improvement purchases and relevant accessories and consumables. With EBIT returns consistently in the 20-25% of sales, this business has never failed to perform in over twenty years!

Summary of Strengths

• Extremely consistent and profitable

• High value of stock (500k)

• Modest overheads

• Consistent margins (~50%)

• Multi-client; multi-market

• Good lease in “fit for purpose” location

• Exclusive and “own” brands

• Reliable & valued suppliers

• Wide variety of clients with excellent “after-market” sales

• Service & installation revenue

• Very limited risk

Business Resources

Despite the lockdown this business is trading well up on the last FY, with higher profitability due to improved cost control. The buyer could be an active director/GM who can work on and in the business, or simply an investor, retaining all existing staff. The owner would like to remain contractually committed to the business until mid 2021 (limited hours) thereby ensuring an appropriate transfer of knowledge and IP.

Moreover an existing senior staff member would be keen to take up or earn a modest equity stake if possible. This business has provided far better returns than “money in the bank” for many years now, and is worth a close look for any investors or buyers who have access to the appropriate funding.

Sale Price $1,750,000 including $500k of stock

EBIT $388,269 three year average $378,671 fifteen year average!!

Interested In This Opportunity?

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Tabak Business Sales (Christchurch)
For more info
Contact: Damien Fahey

Damien Fahey

Damien Fahey
0276 853 536
Tabak Business Sales (Christchurch)
Licensed REAA 2008
Broker Ref: 210920

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