This engineering supplies wholesaler has been in business for many years and has built up their customer base by offering excellent support and services and supplying quality reputable brands and products both sourced in NZ and from overseas.
The business returned an EBPIDT/Cash Surplus to a working owner of over $460,000 last year and similar this year. Sales have grown year on year for the last 4 years with good solid consistent margins. The vendor also owns the property, in a prime location, in one of the busiest commercial areas of Auckland. Located less than 10 minutes from SH1 south of the city, the business is ideally located to service the wider commercial area through it's trade centre as well as nationally through their nationwide reputation of quality, range, service and affordability. There is an opportunity to purchase the property as well as the business here.
The business represents numerous opportunities to grow and in particular through an online website, offering existing and new customers the ease of ordering online and seeing the full range and services of what the company supplies. They do not have any catalogues so this would be highly adventageous for the thousands of products they supply.
Their is very little risk in this business and the vendor is happy to provide an extensive handover to a new owner. You do not need to be technical at all to run this business, just a good business head and a plan.
Price $1.1m + estimated stock value $740,000