Profits over $1,300,000 per annum.
This long-established business has over 50 years of history and reputation within the infrastructure supply market. The business sources imported and locally produced products and sells to retailers and contractors throughout New Zealand. The current owners have decided to retire.
The business is set apart from its competitors by a combination of exclusive products, strong sales, streamlined systems, good customer service and an easy to use website. It is strongly aligned to a number of supply companies which gives better buying power of the products, better delivery times and more importantly, better prices.
The diverse number of customers is the strength of the business as there is no reliance on any single customer for sales. The risk is spread across a variety of customers.
The current stock holding is $1,200,000 approximately and the cash surplus to the owner was over $1,300,000 for the 2020 year. Historically, the business can show steady growth in both sales and profits.
This is a strong business in a much sought-after industry.
Be quick, don't miss out, call Peter Nola - 021 507 313 now!
Price $3,300,000 plus estimated stock value $1,200,000
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