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*** SOLD ***
Import - Distribution/Wholesale National Coverage
Listing: #19488
Dave Morgan
Broker | Wellington
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Lower Hutt
Import - Distribution/Wholesale National CoverageThis very profitable business has been established well over 30 years and is a market leader in their field. It's attractiveness includes: • Able to be run under management • Long standing staff • National distribution • Established customer database • Limited competition • Significant opportunity to improve margins • Non location dependent • Building currently available for sale under separate contract A brilliant opportunity for a focused owner to address some management issues in this business and return it to it's extremely profitable past. The Vendor acknowledges there is clear evidence that margins and profits can be improved and business processes streamlined for greater efficiency, and will assist a qualified buyer to realise the additional profits available. 2015 profit (SDE)* represents a 45.5% return on asking price. Price includes $800,000 in stock. *Sellers Discretionary Earnings
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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.