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Import & Wholesale/B2B

Essential Transport Products; Trade & Nationwide Sales; Locate Anywhere

$495,000 including $80,000 of Stock - Christchurch

#L001648

detail

The Business

This business generates $750k +GST sales per annum, at excellent margins, with products sourced from both within NZ and imported. The parts supplied are appropriate to the following industries:

  • Civil Construction
  • Automotive Workshops
  • Motor vehicle dealerships
  • Machinery & Equipment Suppliers (contracting, agri; materials handling, access etc.)
  • Heavy Machinery suppliers
  • Equipment leasing & hire companies
  • Transport/Haulage
  • Cash Sales to Public
  • Bus Companies & Transport Operators
  • Aviation
  • Waste Management
  • Many More!

A customer database of over 2,000 businesses form part of the sale, with 2024FY's largest customer making up only 5% of total sales. The top 7 clients made up just 10% of sales for this period.

The Buyer

Whilst no particular technical skills are required, a buyer with an interest in the automotive and transport sectors would thrive in this business. This would also be an ideal acquisition for an existing wholesaler, who wants to add in $320k gross profit to their business. Sales are made via phone or online, with two thirds of sales going to the North Island. This business can be operated from anywhere in the country. Storage space of approximately 50-100 meters squared will be required by the new owner.

Net Surplus $270,000 EBPITD 2024FY

Contact: Sam Cherry
Office: Christchurch

Confidentiality Agreement for Business Reference L001648, Broker Name Sam Cherry

Between Tabak Business Sales and the Interested Party.  The Interested Party must be an individual's name, NOT a company name.

In consideration of Tabak Business Sales (being any or all of Tabak Limited (Licensed under REAA 2008) and/or Tabak Business Sales Limited (Licensed under REAA 2008) and their respective business brokers) entering into discussions relating to the possible acquisition of the assets or shares of any business(es) presented to me by Tabak Business Sales and specifically the business referenced above, I/We hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. I acknowledge that the financial records, customer and supplier details and other information relating to the business to be disclosed to me shall at all times remain the sole and exclusive property of the Vendor and that such information is of competitive value and of a confidential nature and that loss or damage would be sustained by the Vendor if such information should be used or divulged by me for any purpose other than the evaluation of the purchase of the business or should it become into the possession of an unauthorised third party;
  3. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Tabak Business Sales;
  4. Not to make an approach to the Vendor of any business disclosed to me by Tabak Business Sales, or the business' staff, customers or suppliers without prior arrangement with Tabak Business Sales and to refer all queries through Tabak Business Sales;
  5. I acknowledge that Tabak Business Sales is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office;
  6. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to Tabak Limited (Licensed under REAA 2008) and/or Tabak Business Sales Limited (Licensed under REAA 2008) as the case may be;
  7. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Tabak Business Sales against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach;
  8. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  9. If I decide not to proceed with the investment, I agree to immediately return to Tabak Business Sales all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  10. Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.
  11. Privity: For the purposes of Part 2, Subpart 1 of the Contract and Commercial Law Act 2017, the parties acknowledge and agree that the agreements and undertakings given by the recipient in this Confidentiality Agreement are given for the benefit of the Vendor and its related companies and representatives, and are enforceable at the suit of all or any of them.

Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser

  1. seeks legal advice.
  2. may or may need to seek technical or other advice and information.
  3. review Tabak Business Sales’ internal process in relation to any complaints.  A copy of these can be found here.
Mandatory Fields*