Established Import Distribution

Presenting all reasonable offers,

This business specializes in wholesaling high-quality products to suppliers in both the 'new builds' and the lucrative 'reno' markets, and after nearly two decades of success, it's time for a new owner to lead the way.

With a dedicated staff members in place and minimal overheads (just five team members, including part-timers), you'll have the flexibility to put your stamp on the business without being overwhelmed.

The gross profit margin over a 5-year period has seen consistent improvement.  51% in FY19 to 56% in FY23, with the FY24 gross profit margin projected to sit around 53%.

Profitability has fluctuated from a high of over $1Million a low of $350,000(SDE) over the past 5 year period, Motivated owner is open to looking all offers and ways to structure a deal to move forward.

A reasonable stock level included in this price sits just over the $1million mark with attention paid to releasing older lines, thus keeping the stock holding current and turning over.

This business will be incredibly attractive to an owner/operator who wants to breathe new life into the this brand and unlock its full potential over the next five years.

 

 

Therese Bailey, 021 707 641, therese.bailey@linkbusi­ness.co.nz

 

***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.

#wholesale #import #waikato

 
Ref: WK00274
Timestamp: 20240422111505

Agency reference #: WK00274