Sold

$320k Plus returns, Sales @ $2.2M and growing

SOLD

Returns for 2013 based on 9 months actuals and a 3 month conservative forecast see the business making an EBPIDT of $320,000 Circa. Based on the North Shore of Auckland, this businesses highly successful 5 year history has resulted in a profitable opportunity with a very rosy outlook. The company has been recognised as being the largest installer/re-seller of the very well-known almost now essential household product. Having broken all records for the most domestic products sold, the owners and staff have been rewarded handsomely and are now ranked the number 1 spot as best dealer for customer satisfaction and service' and more recently & importantly, nationwide sales! Sales are set to reach well over $2,200,000 for the full 12 months. With no additional plant needed to grow the business, all a new owner requires is organisational skills, practical knowledge and the desire to capitalise. The current Vendor is happy to provide a short or lengthy handover, depending on what is required. They are also looking at new ventures to expand the sales range which should equate really well on the bottom line. Very genuine vendors and a very genuine straight forward business. Asking Price: $695,000, which equates to a very reasonable multiple of 2.17x EBPIDT. Please visit www.barkerbusiness.co.nz and submit the online Confidentiality Agreement for reference #1593. Brett will be in touch once he receives your expression of interest. Please note for confidentiality purposes, this business has been listed under the Barker Business office address. Further details on this businesses location will be provided Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2012.

Details

Region Auckland
Price SOLD
Business ID BBS1593
Category Industrial/Manufacturing

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