ID

SKA00006

BARGAIN. Best ROI. $270K Profits.

 

$1.4M

Price

Location

Auckland

Revenue

$947,342

Category

Import/Export

Profit

$273,216

Sub Category

Hobby

Description

BARGAIN. Best ROI. $270K Profits.

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.

Broker Details: Serdar Kabul - M. +64 21 188 6144

* Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information is shared.

Note: Some details of this opportunity are confidential and may be disclosed on completion of a Confidentiality Agreement by contacting the business broker. Also for reasons of confidentiality, stock images may be used to indicatively represent the business.

Serdar Kabul

Business Broker

Auckland

Contact Serdar

Contracted by

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401 Great South Road 
Ellerslie, Auckland, 1051