Home Brewing/Hydroponics - Managed Profit $325k+ | ABC Business

Home Brewing/Hydroponics - Managed Profit $325k+

$851,000 - Auckland

Industry: Retail

#32201

Grow & Brew is a premier importer and retail supplier of growing and brewing equipment and has been operating for 14 years. With three stores in the North Island, an online presence and a loyal customer base, the business is on track this year to return a managed profit in excess of $300,000.

The business provides equipment and supplies for hobbyist growers and brewers alike - from growing tents, ducting, lighting and hydroponics through to brewing kits, stills and hops for brewing. The three stores are located in Northland, Silverdale and Manukau. There are great growth opportunities for a new owner willing to invest in expansion, either in the form of additional stores or a greater online presence.

Currently fully managed, the entire operation is hands-off for the existing owner. The incumbent manager and team take care of sales, operations, inventory and human resources autonomously. The team are knowledgeable and passionate and that is reflected in the trust and loyalty of the customer base, who return regularly for top quality supplies and know-how from the staff. The GM & staff are aware of the sale and are committed to staying on and ensuring a smooth transition to a new owner.

With turnover expected to top $3 million this year, growth has been sensational. A new owner with fresh energy and a head for strategy could, with some investment, extend that growth considerably into the coming years.

Price $851,000 plus stock

Call Paul - 021 877 035 or Andrew - 021 041 3025 today for more information.

For a confidential discussion please complete our online confidentiality agreement.
Click or copy/paste this link to get started: www.ds4u.cc/abc?ref=32201

To obtain more information click here to complete a confidentiality agreement

Location: Auckland

Page views
71

Our brokers

Paul Buer

021 877 035

Paul Buer

021 877 035

Contact Paul

Andrew Lawrence

021 041 3025

Andrew Lawrence

021 041 3025

Contact Andrew

Considering buying a business?
It's time to act.

We can help you craft an independent future.

Buy a Business
Play the video

Avoid the pitfalls of selling a business

Our Brokers can help you every step of the way

Find out how
Play the video

Businesses for sale