Summary
- Asking price:
-
$1,700,000
- Sales revenue:
- $3,116,279
- Net profit:
- $414,000
- Years established:
- 25
- Employees:
- 4 plus owner and temps
- Relocatable:
- This business can be relocated.
Business description
Supplier to the Honey making Industries both in NZ and overseas
Sales as at March 08 = $3,116,279
showing 26% Gross Profit,
Property information
- Real Estate:
- Lease
- Lease terms:
- competitive 12 months could be negotiated then a 3 year term with the right of renewal of two further periods of 3 years.
- Living accommodation:
- Possble 2 bedroom accomodation available on site. to be negotiated.
- Location:
- Situated in the heart of arguably Auckland's biggest industrial/commercial area.
Other information
- Expansion potential:
- Plenty of room for expansion including into other areas like the Wine, Cosmetic & Pharmaceutical industries.Current owner is very tired and wishes to retire.
He has turned down Export orders and doesnt want to expand.
Potential to increase sales by 40-50% over the next 12-18 months.
Absolute golden opportunity for a hands on operator to bring this business into the 21st century.
- Competition / Market:
- Market Leader, one of two major suppliers, has approx 45% market share. Exports to over 20 countries world wide and imports from 5-6 countries incl France, Italy,UK,Australia and USA.
- Support & training:
- Current owner will stay on for up to a year if required to advise the new owner and to ensure a smooth transition and knowledge transfer.
- Reasons for selling:
- Owner retiring
- Trading hours:
- 8.00am to 5.00pm
- Financing available:
- Possible
- Furniture / Fixtures value:
- $400,000
- Inventory / Stock value:
- $500,000
- Related documents:
-