Dance and Performing Arts
Growing Performing Arts Market - Established Over 60 Years - Unique Auckland Icon
$470,000 - Auckland
The business is an icon in its niche market sector and enjoys very loyal following from a long standing and repeat customer base. A significant part of the business services school age children who, as they grow, require new products. This is an exciting market sector where a stable core range provides a low risk stock profile.
The current owners are only the 5th owners in over 60 years. Due to family reasons the business has been run conservatively over the last few years as the owners could not provide a full-time commitment. We have been advised that if the new owner could provide the required commitment then the staffing numbers could easily be reduced.
The import, distribution and sales process is relatively simple but would benefit from optimisation of its stock and marketing information systems.
The business has a considerable competitive advantage due to an extensive range, a number of exclusive product lines, strong supplier and customer relations and the technical competence of the staff.
Import, distribution and retail. Thus diversified revenue streams
Quality product ranges with great diversity
- Technically competent staff
- Repeat customers
- Known and respected brand
- Very broad nationwide customer base
- Fundamentally simple business model
- Ability to further grow the business through simple marketing activities or adding new product lines.
The business will suit someone with good general management skills, and ideally a marketing focus. An interest in the performing arts would be of assistance, but not essential. The current staff are very passionate about the market.
Net Surplus $197,880 (Provisional FY18) EBPITD