Engineering Supplies - Auckland

Auckland City

$1,100,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c1jsgz

This engineering supplies importer/wholesaler/distributor has been in business for many years and has built up their customer base by offering excellent support and services and supplying quality reputable brands and products both sourced in NZ and from overseas, some being exclusive.

The business returned an EBPIDT/Cash Surplus to a working owner of over $360,000 for the 2018 financial year, with an extra $35-$40,000 expected this year due to an acquisition part way through the year. Sales have grown year on year for the last 4 years with good, solid, consistent margins.

The vendor also owns the property, in a prime location, in one of the busiest commercial areas of Auckland. There is an opportunity to purchase the property as well as the business here.

Ideally located to service the wider commercial area through its trade centre as well as nationally through their nationwide reputation of quality, range, service and value.

The business represents numerous opportunities to grow, and in particular through an online website, offering existing and new customers the ease of ordering online and seeing the full range, and services the company supplies. They do not have any catalogues so this would be highly advantageous for the thousands of products they supply.

There is very little risk in this business and the vendor is happy to provide an extensive handover to a new owner. You do not need to be technical at all to run this business, just a good business head and a plan.

Price $1.1m + estimated stock value $740,000

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