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Entrepreneurial Opportunity Of A Life Time! Import Distribution For Sale

North Shore, Auckland
Asking Price:
$1,950,000 (NZD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,000,000 (NZD)
Cash Flow:
$500K - $2.5M (NZD)

First there was the introduction of the motor car; then the computer, followed by the internet.

At the time, everyone stood back and watched but few expected these innovations in technology to become a part of everyday consumer life. But then there were those smart few who recognised their opportunity at an early stage and the rest is history –the likes of GM; IBM’s, Apple; Google and all those other ‘small businesses’ along the way.

Well is it possible the next biggest innovation in technology is right “under your nose” happening right now? Are you standing back watching? If this was just “hot air”, this business wouldn’t be the success story it is with E.B.P.I.T.D.’s varying between $500K and $600K p.a.! This is an industry where overseas countries, councils, the public and private sectors are investing heavily in these products and, believe me, there is no turning back now. In New Zealand, as in many parts of the world, the adoption is only really beginning and the opportunities are mind boggling.

This business is your catapult to financial success far beyond your wildest dreams. The current owner must now retire and has, to the best of his ability, got this business ready for sale with a focus on ensuring all the right staff are in place to assist a new owner successfully operate this business going forward. It is over to you now to make your call or move on.

Disclaimer: - Please note for confidentiality purposes, this business has been listed under the RE/MAX PARTNERS office address. Further details on this business’ location will be provided on application. The content of this advertisement must be read in the context of, and in conjunction with, the Information Memorandum in order to avoid any possible misinterpretation or misunderstanding caused by confidentiality considerations, advert space limitations and / or other limiting factors or generalizations including use of generic images.
E-mail: - (but do it now!)

Property information

Real Estate:

Lease

Lease Terms:

Current 3 year term expires on the 31st August 2019 at which time there is a further right of renewal for another three years.

Leasehold Rent:

$60,000 (NZD) per annum

Location:

Located on Auckland's North Shore, it's warehouse facilities are in an industrial area but the nature of its warehousing operations and the ability and willingness of staff to travel are such that relocating the business to an alternative site is a possibility as obtaining areplacement tenant for the existing premises in this particular area would, in all probability, not be too difficult.

Premises Details:

The business is located in an industrial area and the premises comprise normal warehousing design including a mezzine floor. There is a front open plan office area for sales staff. Plenty of on site parking.

Business Operation

Expansion Potential:

The business has shifted premises three times in recent years as a result of its historical growth and that growth is only expected to continue to increase and increase beyond the business' capacity to service same. It might be more realistic to say that the growth possibilities are really related to, and limited by, a new owner's vision and capability to manage that demand..

Competition / Market:

The business has been operating successfully for over a decade. No matter what the business there will always be competitors. Given the existing market in huge (which is in itself an understatement) competition per se is not an issue. The business' competitive advanage has its origins in the number of exclusive international suppier agencies it holds for New Zealand and its market recognition of providing quality service, which in turn is the reason for all the referral and repeat customer work it enjoys.

Reasons for selling:

Decision to sell relates to age (in his 70's) and whilst some health concerns it is time to retire (or if the new owner wishes to retain the existing owner for a period, then semi retirement). Existing owner usually only works 3 to 4 days a week at present and regularly travels 1 to 2 months a year (overseas on holiday).

Trading hours:

Monday to Friday 8.30 a.m. to 5.30 p.m.

Employees:
The business currently employees 11 staff including the owner and his wife. The owner and his wife generally work 3 to 4 days per week and spend 1 to 2 months overseas on holiday each year. Thus existing staff have been trained and positioned to run and operate this busines in the owners absence.
Years established:
Since 2000.

Other Information

Support & training:

The current owner has indicated that should a new owner require the existing owner to remain during the transition of ownership (or indeed beyond that), he would be prepared to do so to ensure the future succcess of the incoming owner.

Financing available:

Not Applicable

Furniture / Fixtures value:
$250,000 (NZD) - included in the asking price
Inventory / Stock value:
$500,000 (NZD) - included in the asking price
Relocatable:
This business can be relocated.

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