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*** SOLD ***
Import Distribution
Listing: #15077
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About this Business for sale in
Import DistributionEstablished for 15 years, this import retail & distribution business specialises in the food and catering industry. The main product sold is a very high quality consumable which the vendor believes is unrivalled in New Zealand. The business is being sold with a solid Exclusive New Zealand distribution agreement providing the new incoming owners future security. The company has a comprehensive list of high profile clients throughout New Zealand including bakeries, supermarkets and restaurants. The business is currently owned and operated by a husband and wife team with a combined input of approximately 40 hours per week but could easily be managed by 1 full time dedicated owner. Sales and profits have increased for the past 3 years generating a turnover for 2012 in excess of $600,000 and a cash surplus to the owners of over $180,000. The owners advise the opportunity is there for the new owners to increase the sales of the business to over a $1m with the introduction of new products and more focus around sales and marketing. The business operates from a smart and modern warehouse/office unit located in a lifestyle coastal region. A new lease to be negotiated with the landlord, rent estimated at $15,000 p.a. The business can easily be relocated within New Zealand. Stock at present is currently around $75,000 which will rise to around $130,000 at the beginning of December 2012. Plant at $20,000. This is an easily managed business requiring little skill base providing the current owners an excellent lifestyle. Genuine reason for sale - Serious enquires only.
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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.