This well-known business has a 40-year history of success importing from Asia & Europe to supply household named clients in NZ & AU. Excellent profitability is underpinned by repeat business from customers delivering strong cash-flow. Significant barriers to entry for competitors are present. Opportunities clearly exist for a new owner to grow the business further.
* Delivering excellence for over 40 years
* European & Asian Suppliers
* Own brands
* Great systems & staff in place
* Gross revenue of circa $4M million
* Wellington location but relocatable
* Profits exceeding $700,000
The market position of this business is very strong with significant barriers to entry for competitors present. Customer demand could support a further scaling up of operations and opportunities clearly exist for a new owner to grow the business further.
Genuine reason for sale. The business price is well substantiated by financial results.
Note: Strict confidentiality applies. To this end the name and location of this business will only be disclosed at a personal meeting with the broker. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared. Complete a confidentiality agreement at linkbusiness.co.nz/LE00010
Martin Plom: 021 051 5507 [email protected]
Bruce Cattell: 021 779 439 [email protected]
Ref: LE00010
Timestamp: 20230802060001
