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Manufacture; Wholesale; Online Sales

Established & Profitable; Large & Varied Client Base; Eco Friendly

$195,000 - Christchurch

#160418

detail

This little (but growing) business ticks all the boxes, and for all the right reasons:

  • Established and profitable
  • Modest overheads & improving gross margin
  • Assisted by regulatory environment and local government funding
  • Excellent systems
  • Nationwide sales
  • Huge referral base
  • No staff
  • Non technical
  • Owner works 40-45 hours per week
  • Relocatable within greater Canterbury

The owner is looking to retire and pass the mantle to a younger owner who can also be passionate about 'giving back' to the planet. The products & kitsets sold by this business produce a rapid and  demonstrable result that is acknowledged and valued by anyone from consumers through to corporate buyers, who commit their businesses to improved environmental practices.

The buyer is likely to be someone who is comfortable taking a business generating $335k + GST sales per annum, to perhaps 2-3 times that over time....and adding resource to achieve that as required. Or they can continue to milk what has now developed into a nice 'cash cow' business generating $100k + owner profit per annum.

The business simply needs a premises of circa 250 square metres (could be a barn or outbuilding) and the ability to create a temperate environment to assist in part of the manufacturing process. This could easily be on a lifestyle block; or in a small industrial building anywhere within greater Canterbury (where they will enjoy cost effective access to inputs).

Net Surplus: $106,535 EBPITD

Contact: Damien Fahey
Office: Christchurch

Confidentiality Agreement for Business Rederence 160418, Broker Name Damien Fahey

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 (Licenced under REAA 2008) and/or Tabak Business Sales Limited (Licenced 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. 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 (Licenced under REAA 2008) and/or Tabak Business Sales Limited (Licenced 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.

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*