Sales & Installation Business for Sale
B2B and B2C - Commercial & Retail; Improving Homes; Design, Style & Flair
$1,600,000 incl $1m + stock & plant - Christchurch
This Christchurch business has been established for over 50 years and has succeeded through highs, lows and many economic cycles.
Business highlights include:
- Likely sales of $8m+ this FY
- Sales and GP up 14% and 17% respectively on last year
- Huge brand equity; an iconic Christchurch brand
- Experienced & loyal staff
- Manufacturing facility
- Multiple suppliers – multiple markets
- High profile showroom in a prominent location
- Well over $1.3m of forward orders
- Consistent forward work and excellent, identified future project opportunities
- Estimated 70/30 % commercial/retail sales split
- High value of stock & plant (circa $1m)
The Buyer / Seller
Our vendor is heading into “semi-retirement” and ‘gold card’ status. They want to step back from their management & support role, and be free to travel and enjoy a lot more “me time”. Their good health and a passion for their industry and team will ensure an optimal handover period.
The buyer will be:
- An existing reseller / retailer wishing greater exposure to the Christchurch market and annual gross profit comfortably exceeding $1.5m net of materials and direct labour/install costs
- An individual with a proven track record for B2B and/or B2C reseller businesses
- A person who enjoys bringing out the best in others
- Open to the greater use of social media and digital marketing to increase brand loyalty & reach
- Passionate about improving people's home environment
First time on the market for 50 years, this iconic Christchurch business is ready for fresh energy and new ideas.
Net Surplus $800,000 + EBITDA 2024 FY Estimate
EBITDA = Earnings Before Interest, Taxes, Depreciation, and Amortization