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Taupo Hugely Successful Business In Growth Phase For Sale

Taupo, Waikato, New Zealand
Asking Price:
$595,000 (NZD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (NZD)
Cash Flow:
Available on request

We are about to introduce you to a business opportunity unlike anything you could possibly imagine.

Recent annual E.B.P.I.T.D. (net profit) has averaged $270,000 approx. per annum and been as high as $340,000. A simple, but long established and financially successful, 5 ½ day a week retail business, operated by a husband and wife, with the bulk of its sales historically generated from, relatively consistent month on month customer orders related to its in-house 2 staff manufacturing operations.

If you are looking for a business also with long term growth potential, look no further.

This is a business experiencing real growth illustrated by the pre-Xmas doubling of then unprecedented levels of forward orders which, in turn, have again been a couple of months later further doubled, further illustrated by the need to meet current customer demand by increasing historical staff by adding an additional 8 P/T outsourced staff!

The real challenge to that imagination are the growth possibilities through possible expansion of its existing product range and current geographical reach to say nothing about the possible challenges of having an actual web site let alone using digital marketing.

The existing owners are retiring and, make no mistake, you are unlikely to see this business ever come back onto the market again unless the new owner subsequently retires in your lifetime!

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.

Property Information

Real Estate:

Lease

Lease Terms:

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.

Location:

Prime location within the town itself with high foot traffic and good visibility.

Premises Details:

Modern, spacious premises with room for expansion.

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

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.

Trading hours:

The business operates normal trading hours - five and a half days per week.

Employees:
This is a husband and wife business directly employing two (2) additional full time employees and outsourcing some work to an additional third party.
Years established:
This business was established by the existing owners and has been trading successfully for in excess of twenty five (25) years.

Other Information

Support & training:

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.

Contact RE/MAX Partners in conjunction with Global Business Sales Ltd

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