After close to 30 years of running the business, the owner has decided to retire, making this opportunity available for the first time.
This business imports products from Europe and sells to manufacturers, building and furniture makers, and associated industries. This is a very simple operation as the products are in and out the door.
The business is set apart from its competitors by its exclusive range of products, strong consistent sales, streamlined & fully integrated systems, good customer service and easy to use website. It is strongly aligned to a number of European supply companies which gives better buying power of the products, better delivery times, and more importantly, better prices.
The diverse number of customers is the strength of the business as there is no reliance on any single customer for sales therefore reducing the risk factor. As sales are predominantly coming from the Auckland area, the owner feels that there is good potential for growth from around the regions.
The current stock holding is $800,000 approximately, and the cash surplus to the owner was over $900,000 for the 2017 year.
Price $2,200,000 + estimated stock value $800,000