In what could be a game-changer for prospective investors, a distinguished name in the New Zealand heating industry has recently signalled its availability to potential buyers. This brand, well known for offering high-grade heating solutions for RVs, Marine, and Tiny Houses, is poised for a new chapter and is now open for acquisition.
Operating from the picturesque rural area, the company's online business model exemplifies the modern ethos of remote commerce. It underscores how digital enterprises today can flourish from nearly any corner of New Zealand, permitting entrepreneurs to harmoniously blend their lifestyle with their ventures.
The company boasts a remarkable financial trajectory, marked by an almost sevenfold increase in turnover in just over four years and a standout average 52% year-on-year growth.
With its roots in humble beginnings from early 2018, this brand has a real opportunity to transform into a multimillion-dollar venture, not only in NZ but also beyond. The enterprise has been recently presented with an enticing proposition: a production and distribution facility, entirely outsourced and facilitated by the already established Chinese supply chain. This offers a strategic move enabling rapid global expansion.
Technology enthusiasts might be especially intrigued by the company’s digital prowess. Significant investments have culminated in an avant-garde e-commerce site, already poised for international reach and a potentially broader product spectrum."
In today's market, where the significance of word-of-mouth and reputation is paramount, this brand has established a consistent reputation, earning the trust and recognition of its peers in the industry.
Inter-Annual Income (10/2023): $739k exc. GST
EBITDA - (03/2023): $220k
With an asking price of just $389k + inventory value. The current owner assures comprehensive support ensuring smooth transition.