No Limitations, No Boundaries, priced under $300k
Great opportunity for acquisition of this gem of a distribution business with over 180 established clients throughout the Auckland and upper North Island. The business has unlimited potential for further growth with its range of products extensively used in the hospitality trade (hotels, motels, restaurants, cafes and schools).
The key strength of the business lies in customer service, but there is plenty of opportunities for the new owner to add incremental sales as currently the business is only scratching the surface in terms of opportunities for additional product lines. Opportunities also lie with improved communication technology, product extensions through direct imports, or range enhancement through local suppliers.
The business has reported sales of $786k and EBIT of $76k in FY16. Current financial year projections are on track to deliver earnings in excess of $130k.
Current owners are looking to retire and therefore have priced the business to sell.
Price by Negotiation
Please call Prashant for further details