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Import Distribution - Managed Profit $937,000
This excellent business has been established for more than 20 years and has the sole New Zealand distribution rights for most of the Brands they represent. Some of the products have no direct competition in their market segment.
The business is in a niche market, importing and distributing machinery for the packaging industry and has seen improved sales and oprofit, even though we have experienced the biggest global downturn since the grat 30's depression. There is alsoan ongoing service side of the business which enjoys consistent sales of consumables.
There is experienced staff in place with the present GM available to stay on if required.
EBITDA, or managed profit for the 2009 financial year is $937,500 with a simmilar result budgeted for the 2010 year.
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