nzbizbuysell.co.nz/97370
Ad ID: 97370

Retail Clearance House Business for Sale Canterbury

New & Used. Loan Book - Unique Offering. Superior Returns.

Location:
Asking:
$940,000
+ Loan Book
Type:

Business for Sale Description

Retail Clearance House 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 Loan 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:

• A desire for customer service excellence

• An empathy and warmth for your staff and suppliers

• A trader mentality with a win/win outlook

• A desire to continue 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 + Loan Book

EBIPTD $377,729

Interested In This Opportunity?

Email to a friend / myself

 

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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: 021120

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