Relocatable Import B2B Distribution

Sale Price $750,000 + Stock

Are you an existing importer looking for a bolt-on opportunity?

Do you have spare warehousing space and staff capability?

- Estimated $400k cost savings once relocated
- A long-established reputable history since the mid-1980s
- 500+ active customer accounts
- Globally sourced premium brands
- Locally produced company-branded product range
- Indent ordering provides predictable forward workflow
- Commission salespeople

The business would be an excellent add-on to an existing company within the same industry. It would also suit an agile businessperson looking to enter a lucrative sector with plenty of growth potential.

This Wellington based design product business supplies a wide range of international heritage and artisan brands to Department stores, Supermarkets, Gift shops, Art galleries, Museums, Cafes, Book shops, Garden centres and prominent National retail chains.

The full-time working owner is supported by a general manager + office, warehousing staff and enthusiastic account managers who look after the various regions around New Zealand.

There is a combination of warehouse + indent stock, providing a great combination of risk mitigation and cash flow. Stock levels fluctuate between $275 - $400k depending on the time of the year.

The owners are retiring after an exciting and rewarding time in the business. Turnover is circa $2.6m.

Net Surplus: $400,000 YE March 2023
Net Surplus: $250,000 YE March 2024 [projected]

EBPITD: Earnings before paying one Proprietor, Interest, Tax and Depreciation.

Brodie Wilson
Licensed Broker since 2005
Tabak Business Sales
0274579007 | 04 4990094

Tabak Limited, licensed under REAA 2008

Agency reference #: L011393