Sold

PHENOMENAL RETURN ON INVESTMENT - EBPIDT OF $350K

SOLD

The business has a 7 month turnover of $2.03 million and a cash surplus of over $240,000 for 2011-12. Well on target for a turnover of over $3 million and a conservatively projected cash surplus of circa $350,000. This opportunity will get snapped up by a smart buyer as the return on investment is phenomenal! Asking 2 x the Cash Surplus to exact a quick sale, this business is well priced to sell.

The business was set up over 7 years ago and has grown from strength to strength. Dealing in the retail, service and repair of very high quality well known brands, the business has a strong name in the market and is still growing. With excellent systems in place, strong suppliers, excellent branded products, good margins and specialist technicians; they offer an incomparable service to other companies. Contracts are in place now with large companies and there is plenty of scope for further growth. This business is poised and primed up to hit the next level.

The vendor simply does the marketing and promotion work on the business as well as stock control, he employs 7 full time staff, including a full time manager who is more than capable of running the business himself if need be. Genuine reason for sale as the vendor wants to free up capital for his next venture which he has already begun. Priced to sell now. We don't get opportunities across our desk like this too often so be quick! ASKING PRICE $692,000 INC STOCK & PLANT (STOCK AT $180,000) Interested? Complete the ONLINE confidentiality agreement at barkerbusiness.co.nz for ref # 1501 and Alan will be in touch.

Copyright Barker Business Brokerage Ltd 2011 Licensed REAA 2011. 

Details

Region Auckland
Price SOLD
Business ID BBS1501
Category Retail

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