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Within the township of beautiful Taupo, an area with so much to offer in terms of quality of life and satisfaction of the normal day to day challenges of lifestyle versus work balance, exists a small manufacturing and retail operation which has been operating successfully for in excess of a quarter of a century which might be considered that this could well be that Gem in the Crown when it comes to businesses available for sale which have those essential characteristics that are likely to be on most intending buyers’ list when it comes to acquiring that ideal business.
Being such a long-established business, reinforcing its historical financial stability thus ensuring that any risk to a new owners funds in acquiring a business of this nature is minimal, it is also important for many such owners of new businesses that the return on that investment is both attractive and sustainable. The business has over the last 4 years achieved an E.B.P.I.T.D. (net profit) of between $250,000 and $340,000 per annum!
Add to that the fact that the business is run and operated by a husband and wife 5 ½ days a week with a couple of staff members and having traded for over a ¼ of a century, it not only has brand recognition but also a huge database of satisfied and repeat customers built up over that period of time. The current owners are now looking to retire. Seeing is believable.
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!)
The owners of this financially successful business also own extensive property holdings in the area as a result and are prepared to enter into a new lease agreement with the new owners of this business on terms and conditions to be agreed upon.
Prime location within the town itself with high foot traffic and good visibility.
Modern, spacious premises with room for expansion.
The owners have been running and operating this business successfully for more than a quarter a century and are now at that time of looking to retire. Not surprisingly that initial youthful passion and enthusiasm does tend to be overcome sometimes by a focus more on the creation and maintenance stability and financial success than on on gowing expansion and growth whereas a new owner may well wish to start with the existing successful financial business model and bring their own vision for expansion with solutions for the existing increasing customer product demand to say nothing about the potential to expand the range of complementary products.
There has and always will be those other businesses who consider themselves competitors but history has shown to date that those self defined competitors come and go over time (big names and small) whilst this business continues its long term success based upon customer service and satisfaction. The reality is today that they have forward orders into 2021 so demand exceeds their capability of servicing every potential customer.
The decision to sell this long term financially successful business is simply related to the owners' aging and the decision that now is the time for them to retire. That decision has been in their minds now for a year or two - but it does represent the opportunity for their legacy to change the lives of the new owners in ways perhaps not available before.
The business operates normal trading hours - five and a half days per week.
The extent of support and training that may be required will ultimately depend upon the skill set and business experience of the new owner - so will be subject to discussion at the appropriate time.
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