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Import & Distribution - Industrial Products

Import & Distribution - Industrial Products; Home Based; Relocatable

$699,000 - Auckland

#110918

detail

This is a great opportunity to purchase an established import and distribution business with a well known and respected brand in its industry sector. The industrial products they import are widely used around New Zealand and are even exported too. In some cases, products are imported to specific customer requirements.

The business has four registered trade names and two registered trademarks which are used to help protect some of the imported products. There are no staff to manage as a third party logistics suppliers holds and dispatches all stock. Stock is ordered on a monthly basis from their overseas supplier, with which they have an exclusive arrangement covering all of New Zealand.

While the business has been operating for approximately 17 years, the owner wishes to take life a little easier and retire from the business, but not before providing the necessary handover to an incoming purchaser. The owner's health and age has meant that sale and marketing efforts have suffered especially outside of Auckland. Upgrading of the website and developing a  deliberate or planned strategy for the business are key opportunities that the new owner can take immediate advantage of.

Business Strengths

  • Well know and respected brand in their industry
  • Fundamentally simple business model
  • No staff to manage
  • Monday to Friday operation
  • Registered trademarks protecting some products

The ideal owner of this business is someone who has a sales and marketing or business development background, specifically to grow sales outside the Auckland region. In addition, they may want to expand the product range and services the business offers. The business will need to be relocated and can be relocated outside Auckland if necessary.

Net Surplus $209,630 (Actual FY18 results) EBPITD

Contact: Andrew Larsen
Office: Auckland

Confidentiality Agreement for Business Reference 110918, Broker Name Andrew Larsen

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 Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 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. We 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 Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 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.

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*