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Supply and Service Industry

Mainly B2B; Established, Easy to Run and Profitable

$1,300,000 - Bay of Plenty

#231220

detail

This business has been in existence for over 30 years with the current owners having operated it since 2008. During that time they have created a very stable business which as produced consistently profitable results. The business is primarily a supply company and operates in a large B2B sector where customer service is valued and marketing rewarded.

The owners have put in place an operational staffing structure that is not reliant on the day to day input of the owners. The existing sale steam are mainly responding to internet generated enquiries or managing orders rather than actively managing the client database e.g. regularly checking in with clients or identifying those that might offer more dollar spend. This creates an opportunity for a new owner to develop existing clients further, either though their own direct involvement or by adding to the sales staff.

Business Highlights

  • Dominant B2B supplier within their industry in Tauranga
  • Repeat Customers
  • NZ Wide customer base from divers range of sectors
  • Operational staffing structure - 4 Full time; 5 Part time
  • Minimal stock holding
  • Potential for new owner to grow business

This business will be attractive to many purchasers as it is an established and profitable operation with sound staffing structure and good systems and processes. No specific skills are required by a new owner but IT would suit a person or couple from a customer service or marketing background.

Net Surplus $443,206 projected March 2021 EBPITD

Contact: Paul Brljevich
Office: Tauranga

Confidentiality Agreement for Business Reference 231220, Broker Name Paul Brljevich

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.
  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*