Addington
Asking Price NZ$1,450,000 + GST
(if any)
$3.8 million of forward orders!
Retiring owner offers this exceptional retail and installation business, a market leader for over 30 years for sale.
With an $8M annual cash flow and strong demand, this business value is underpinned by an $800,000 stock holding and strong forward orders - with the potential to increase profits with margin adjustments.
The business has a highly visible and easily accessible location, with a well presented premises providing a pleasant working environment. With dedicated administration, operations, installation and sales staff and a working owner offering a six month extended takeover.
As this is a confidential sale, please give Geoff Smart a call on 027 284 2281 in the first instance to discuss.
Profits before tax of $572,000 in the 2023 financial year and $593,000 for the 10 months to 31st January 2024.
Geoff Smart
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Long establishment
First time in the market for over 30 years
Revenue
$8M annual cash flow
Revenue
Average EBPIDT for the past three years is $430,000
Growth opportunities
Potential to increase with margin adjustments
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