Sold

Profitable Import and Distribution - Composites Market

SOLD

-   FY2021 Cash Surplus $456,578
-   April - Aug sales already 59% of all FY21 sales

This proven and established Auckland based Import and Distribution business supplies products and equipment to the buoyant composites market. They supply fibreglass, resins and equipment to manufacturers such as boat builders, pool manufacturers and a wide range of customers New Zealand wide. 50% of their clients are outside of Auckland.

This business has developed their well-earned reputation over 20+ years of business and the vendors will be retiring and leaving Auckland.

This business will suit someone with a strong sales or general management background. There is an experienced team and sufficient measures in place to ensure the transition of knowledge about products, the industry and contacts to the new owner, so prior composites industry experience is not essential.

This business would also suit an existing composites industry player as an easy bolt on to their existing operations which would contribute strongly to the bottom line from day one and offer product and supply diversity.

Price $1,395,000 (ono) includes Stock and Assets of $816,000.

The well positioned freehold land and building is also available to the business purchaser for $3,500,000 (GST if any).

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/3177, register your details and submit the online Confidentiality Agreement. Once Darren receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2022.

Details

Region Auckland
Price SOLD
Business ID 3177
Category Import/Export/Whole, Import/Export/Whole

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