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*** SOLD ***
Promotional Product Marketing Company
Listing: #13764
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About this Business for sale in Tauranga
Promotional Product Marketing CompanyFrom small beginnings, this business has grown rapidly to become the current market leader in its field. The business is in the food & beverage manufacturing / branding industry and through a carefully thought out strategic plan, the business is today in a very strong position, both by market share and profitability. The owners have structured the business and put systems in place in such a way that a vast proportion of the revenue and business is derived via the website, for which they have a very strong presence. The owners have very cleverly put systems in place that allow the business to function successfully with minimal involvement. Incoming work and quotes being managed by the website and / or an administrative employee. The company boasts a long list of house-hold name / blue chip clients and they have recently entered into the export arena, where the growth opportunities and potential are huge. The business is very simple to run, with the current owners only working part time. Based on 2011 full year accounts and half year P&L accounts for 2012 the business would derive a part time owner around $135,000 - $150,000 p.a for only around 20-25 hours commitment per week. The business currently operates from a smart modern office / warehouse unit located in the Bay of Plenty. Option to move the business within the North Island, move locally to smaller premises (adding approx $9,000 to the bottom line) or take on an new lease under the existing arrangements. Below are just some of the features and benefits of this business: 1. Easily Managed by one working owner or husband and wife team 2. Highly profitable 3. Established business 4. Easily relocatable within the North Island 5. Excellent website/s and presence 6. Market leader 7. Little competition 8. Impressive clientele list including blue chips organisations 9. Fun / Healthy Lifestyle product & business 10. Ideal for merger / acquisition 11. Huge growth potential via export market as well as domestically 12. Not easily replicable 13. High Growth Industry 14. Highly detailed business manual. The owners have genuine reasons for selling the business and are willing to offer a good handover / assistance period. This is a very rare opportunity to take over a solid profitable business that can enable you to enjoy those extra hours on other business ventures or leisure activities at your choice. The business is low value asset based and is for sale at $410,000 ($395,000 goodwill, $15,000 plant) plus stock estimated to be around $40,000 This is a highly confidential listing. Please contact broker for full information.
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.