Sold

Top of Their Game & Huge Growth Potential

SOLD

This business is an absolute leader and shows huge growth potential in an industry that everyone wants a piece of - online sales and distribution.

From start up to six years later, just take a look at these stats...

-   Total customers over 33,500
-    Repeat business over 12,000 customers
-    Email list of over 70,000 - average open rate 31%
-    Facebook followers over 48,500
-    Instagram followers over 10,000
-    Trademark branded
-    Average customer acquisition cost less than $15 per customer
-    Sales comprise 70% returning customers, 30% new customers, month on month
-    Recently has been awarded Delloite Top 50 Business
-    Won several Westpac marketing awards
-    Virtually no working capital required – customers pay up front
-    Owners have set this business up so it can be self-managed
-    Currently one fulltime equivalent working owner
-    Turnover more than $3,000,000 and rising
-    Owner willing to contract back to the purchaser
-    All goods pre-processed and packaged locally from NZ sourced products
-    Very simple operation – repackaging and distribution of products based on daily pre-orders
-    Could be considered an essential product – ‘Covid Proof’
-    Massive opportunity to diversify offerings to its already large following 
-    All the hard works been done, in time and money to build a very robust business

*EBPITD
2019 $209,000
2020 $231,000
2021 $320,000
2022 $400,000+ forecasted from management reports end of year reports due in April
*(Earnings before owners’ remuneration, interest, tax, depreciation, and extraordinary items)

Asking Price: $1,100,000

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/3241, register your details and submit the online Confidentiality Agreement. Once Richard 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 3241
Category Services, Food/Hospitality

Share This Business

Agent Details

What our clients say

"I can't thank you enough" - Geoff

"I can't thank you enough" - Geoff

After reaching out to you in a time of need, I can’t thank you enough...

"I couldn't have done it without you" - Jayne

"I couldn't have done it without you" - Jayne

I just wanted to send a quick note to say a massive thank you for everything...

"A Skilled Mediator Between the Parties" - Bridget

"A Skilled Mediator Between the Parties" - Bridget

We have the utmost confidence in recommending Bridget as a highly skilled...

"Jayne Gets My Full Recommendation" - Jayne

"Jayne Gets My Full Recommendation" - Jayne

  Jayne is hard worker and very professional. She was very responsive...

"Exceptional Dedication and Professionalism Through Every Challenge" - Alan

"Exceptional Dedication and Professionalism Through...

Thank you so much for your incredible dedication in working through the...

"Pleased to recommend his services" - Greg

"Pleased to recommend his services" - Greg

I recently worked with Greg on the sale of my accountancy practice, and...