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*** SOLD ***
Machinery Import and Wholesale
Listing: #18394
Bruce Cattell
Broker | LINK Corporate
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Auckland City
Machinery Import and WholesaleThis long established and well regarded Auckland based business imports and distributes a range of branded machinery and consumables on an exclusive agency basis. Customers come mainly from the Engineering & Manufacturing sector. The business has a solid profit history with 2013 / 2014 profits to a working owner in excess of $160k. There is a significant income stream from sales of both equipment and consumables on an on-going basis. The current owner has roles in general management and supplier relationships as well as customer-facing sales. A background in engineering and / or technical equipment sales & marketing could assist a new owner accelerate the development of this business. Many opportunities exist for a skilled operator to grow the business further. Retirement sale. The price of $500k is well substantiated with financial information and includes circa $340k in stock. Note: Strict confidentiality applies. To this end the name and location of this business will only be disclosed at a personal meeting with the broker. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared. Complete a confidentiality agreement at linkbusiness.co.nz/18394
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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.