Niche Retail Business for Sale Canterbury

New & Used Product. Finance Book for Purchases - Unique Offering. Superior Returns.

Business for Sale Description

Niche Retail Business for Sale Canterbury

The Business

This is a much-loved brand within the greater Canterbury region. Strong support from its customers has seen sales steadily increase in recent years, to over $2m per annum (including GST). YTD trading remains very strong despite the lockdown, and the 2021FY EBPITD will likely equal or better the 2020FY result.

This is a rare opportunity, and on the market for the first time. The appeal includes:

• Excellent ROI of 41% on EBPITD

• Stunning returns of 15% on the existing Fi9nance Book

• Stock of $500k

• Established brands and strong supplier relationships

• Impressive positive cashflow from day 1 under new ownership

• Loyal and competent staff

• “Sticky” clients who keep coming back

• Fantastic systems & software

• Diverse product groups

Business Resources

The current owner has a very capable 2-I-C, and is also happy to remain with the business for as long as required post-sale.

The perfect buyer for this business will have:

• Have a natural desire for customer service excellence

• Show  empathy and warmth for your staff and suppliers

• Like to buy & sell but with a win/win outlook

• Continue to generating superior returns in a low interest rate environment

This business has been well respected by its customers and suppliers for over 30 years!

Sale Price $940,000 + Consumer Finance Book

EBIPTD $377,729