Listing #:1632734318

Capitalise on the NZ$2.0 Billion Pet Industry

Location: Auckland City, Auckland
Currently performing extremely well both financially & operationally & following significant intelligent business planning, this opportunity is strategically poised to scale up and take much greater advantage of the annual spend in NZ alone in this category of nearly $2.0 billion.

The owners of this already very successful business, unique in its industry, have decided to sell the business to focus on other significant commercial interests they are involved with, and pass the mantle to a new owner who has the time to take it to the next level & beyond. The extensive development work has been completed & documented, business models designed & strategic locations identified.

Extensive capital investment in tangibles have laid the very strong foundations to scale it into a national brand over the next few years. Being a very positive cash flow business with no debtors, funding that growth should be reasonably pain-free, but will require intensive focus to keep the aggressive business plan on track & reap the rewards.

Very thorough & reasoned forecasts have been completed for the current business as it stands & already it is demonstrating that it will likely perform better than forecasted in the FY19 year, with an expected EBIPTDA of nearly $700K without doing anything different.

With key staff in place, and minimal overview input required by the owners, this business would be a very good fit for a company or an Investment Group who are looking for a solid sound investment to build their value in a very secure & growing industry & take it nationwide in whatever form they decide such as retaining full ownership, Licensing or Franchise.

Asking + $3.975M plus GST (if any). Includes approx. $2.7M in assets.

Extremely strict confidentiality applies so for more information about this business you will need to visit www.barkerbusiness.co.nz/BBS2287, register your details & submit the online Confidentiality Agreement. Once Mike receives it he will be in touch.

Licensed REA 2008. Copyright...

Agency reference #: BBS2287
Asking price: $3,975,000
Listed: Mon 14 May, 4:29 pm
Mike Bryce
Barker Business Brokerage
  • Contact details
  •  (09) 4480757
  •  (021) 771711

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Agent's details

Mike Bryce
  •  (09) 4480757
  •  (021) 771711
Barker Business Brokerage
(09) 4480755

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