Import and Distribution Business with Unit

The business is now offered for sale due to impending retirement plans.

Based on the 2019 year end, the operating revenue of the company was $942,347, with a very high, $273,216 profit. Both the revenue and profit are growing year on year; further potential for growth exists with a strategic new owner.

Overview of the business

The business is well-established, incorporated in 2007 by the vendors as a retailer. It is now a long-established and highly profitable Auckland based importer, retailer and e-commerce seller of high-quality products.

On the market with an option to buy a 192m2 freehold unit where the business is operating from, located in a well-known business complex. This is an excellent buy for a smart investor - own it all.

Profile of the business

The business prides itself on providing exceptional service to their customers. Offering a range of high-quality products, imported from exclusive suppliers from countries such as Japan, Australia, UK.

The business has an attractive, informative e-commerce website. Therefore, benefiting in a considerable reduction of staffing and back-office functions/requirements. All this is included within the sale, as is the brand name and stock. The business utilises accounting software. Also included is a warehouse forklift.

This business has been growing year on year (demonstrating considerable growth of 50% in the last three years). Operating at an excellent GPM of 48% (F.Y. - 2018 - 2019). The growth trend is expected to continue in the current and future years.

Highlights of the business

• Close to $1 million revenue and growing year on year.
• $273,216 EBPITDA (Working Owner Income).
• Great operational systems in place.
• Opportunity to own the freehold.
• Experienced employees.
• Excellent reputation in the marketplace.
• Many exclusive distribution rights of international quality brands.

Business - $500,000

Freehold Unit - $900,000

Broker Details:

Serdar Kabul

DDI. +64 9 394 0574 

M.   +64 21 188 6144

E.      serdar.kabul@linkbusiness.co.nz

Note: Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business, a stock photo image may be used to represent the business. Please contact the broker for further details.