Simple to the extreme. A license to print money.
The owner of this business has made a fortune, and now wishes to retire and enjoy the fruits of his labour.
The secret to this business is its simplicity:
- Abundant supply of product and minimum wages earners
- Stock turnover is measured in days not weeks or months
- Working capital requirements minimal
- Sales through three owner/operated stores
- Sales direct to other resellers
- Sales to several licensed stores
- Packaging for all stores located at one of the owner’s stores
You will be buying:
1. The repackaging business at the Vendor’s retail store
2. Three wholesale/retail stores owned by the Vendor
3. Margins on product wholesaled to licensed stores
4. License fees from a growing number of licensed stores
5. The license IP developed for many additional stores
6. Supplier rebates for the entire group
This has it all:
1. Owner managed with minimum wage earner staff
2. Could easily be run under management
3. Exponential growth opportunity with more outlets already lined up
4. Several suppliers and more available
5. Many untapped clients and new potential market sectors to investigate
6. Vendor will offer comprehensive training
7. Opportunity to expand the business through digital marketing
8. Owner willing to stay on but only part time
*2021 Forecasted EBPITD circa $900,000. Based on third party Accountants forecasts
Asking price $2,250,000 plus stock approximately $150,000.
Note: The owner is also willing to further mitigate any risk to the buyer by offering the premises from which it operates; the factory and store for a further investment of circa $3M to $4M.
For more info, visit www.barkerbusiness.co.nz/3034, register your details and submit the online Confidentiality Agreement. Once Richard receives your expression of interest he will be in touch.
*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.
