Summary
- Asking price:
-
$1,800,000
- Sales revenue:
- $3,342,805
- Net profit:
- $414,000
- Years established:
- 25
- Employees:
- 3 full time
Business description
A honey of a business, established 1983,proven & successful products, Sales over NZD$3m pa, owners earnings of NZD$414k.
Property information
- Real Estate:
- Lease
- Lease terms:
- Owner is also the landlord, will negotiate a very competitive lease, say 12 months to start but with the right of renewal for two further terms of 3 years each.
- Location:
- Situated in arguably the heart of Auckland's biggest industrial area, with street frontage.
Other information
- Expansion potential:
- Absolutely ripe for expansion, with more product range and better marketing and promotion. The NZ wine industry is a area to be better investigated, current owner has not even scratched the surface. Needs a regular monthly catalouge of product available, has NEVER had one!! and update his web site to enable e-commerce
- Competition / Market:
- Owner states he has approx 45% market share.
- Support & training:
- The owner may well stay on in a diminishing role for up to 12 months
- Reasons for selling:
- Our vendor wishes to retire
- Trading hours:
- 8.00am to 5.00pm
- Furniture / Fixtures value:
- $400,000
- Inventory / Stock value:
- $550,000
- Related documents:
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