Sold

Import / Distribution = Consistent Solid Earner

SOLD

This successful and established Import/Distribution business has been servicing a stable industry sector for well over 20 years. They wholesale specialised, high quality product to over 220 resellers, retail outlets and manufacturing businesses throughout New Zealand. They have a strong reputation in the marketplace due to their longstanding history, top international suppliers and stable work force; which all combines to produce a steady turnover with good gross profit margins.

Showing great returns over the past 3 years, the business has seen an average CASH SURPLUS of circa *$225,000 and consistently turns over $1.44M plus. Figures suggest this business is a solid, stable investment and with excellent streamlined management systems in place, it is a great opportunity for a new owner. There are long standing experienced staff in place and due to the nature of the operation, the business has a high amount of indent orders that a new owner will walk straight into. The net Tangible Assets equate close to 60% of the asking price and with the benefit of walking into forward orders, this business is a great operational model for a first time buyer or seasoned investor. Consistent turnover + Solid profits + Forward orders + High assets = Smart Buying.

Asking Price $763,000 - which includes plant and stock For more, visit www.barkerbusiness.co.nz, register your details and submit the online Confidentiality Agreement for reference #1940. Once Alan receives your registration of interest he will be in touch.

*Source: Information supplied by the Business Owner or the Owners Agent(s). Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2016.

Details

Region Auckland
Price SOLD
Business ID BBS1940
Category Retail

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