Import & Sales
Product Sales; Established Showroom; Home Improvement; Design Flair
$495,000 - Christchurch
Existing for over twenty years this well established Christchurch business sources product from Europe and sells directly to consumers and commercial clients.
Key Strengths include:
Staffing - existing staff are experienced in the industry, knowledgeable and customer orientated.
Suppliers - exclusive arrangements with excellent European factories and brands
Product - exceptional quality product targeting the mid to upper end of the market
Longevity - the business has operated for over 20 years
Customers - excellent relationships with its commercial and showroom customers
Payment Terms - excellent terms that enable the business to be cash flow positive from Day One
Location - showroom is located in a destination street for people in the market for these products
Premises - a well established and spacious showroom enabling optimal presentation of these products
Barriers to Entry - supplier relationships; purchasing power and credit terms; customer relationships, and product knowledge
Stock - around $250,000 of stock is included in the purchase price
Prepayments & Deposits - at most times there is at least one container of product in transit, and the new owner will benefit from deposits and pre-sales of stock that has yet to arrive
The products are primarily used in new homes, and occasionally in rebuilds and refurbishments. Given the mid upper market positioning of these products, the business is less vulnerable to the classic 'boom/bust' within the volume end of the construction market. Forward orders and enquiry are all positive, and a business minded person who also has an interest in design/colours would capitalise on this opportunity.
The current owner has seen plenty of highs and some lows during their tenure. They are now keen for a complete break from this industry, but they are staying in Christchurch and will be available for a comprehensive transfer period.
Net Surplus: $ 165,284 EBPITD