Global recreational brand and manufacturer

City Centre, Christchurch City

$380,000

Proposed Usage
Manufacturing
Description:
Property ID
1c6v3xf

Established for 30 years this globally recognised niche brand produces a range of premium quality products which are sold in 31 countries through an extensive international dealer network.

Over 70% of sales are exported. The outdoor product range is a perfect contender for eCommerce sales, which currently represent only 2% of total sales.

Experienced production staff oversee daily operations. The owner does not work in the business on a day to day basis and is primarily involved in customer relations and administrative roles.

The brand is renowned for clever innovation, creating market leading concepts. The owner is involved in exciting new technology-based developments which complement the business and could provide a buyer with a further investment opportunity. The product range is not clothing, or clothing related, the customers are generally relatively affluent and are not highly budget conscious.

The owner is seeking to focus on other commitments, they will however provide generous assistance and support to a new owner.

A full information memorandum is available upon the signing of a confidentiality agreement and proof of the ability to fund. As the sale is confidential please call Colin Askin in the first instance.


Turnover: $433,000 (forecast YE 2020); Cash Surplus: $128,000 (forecast YE 2020)
For Sale $380,000

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