Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business Opportunity. Business Is Booming - Partner/investor Required

LISTING DETAILS
Firms For Sale ID:
31380
Vendor reference:
14813
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$485,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Started by the current owners two years ago this is a rapidly- evolving business which manufactures (in China), imports and exports a range of sought-after products in the fun/sporting/adventure sector.

The two owners have introduced substantial capital into the business in order to fund stock purchases and secure intellectual property. The company has also made a significant investment in advertising which, as demonstrated in the sales figures, is showing to be very effective. To get the attention of their target market the owners have also recognised the importance of social media and have been adept at utilising this medium.

The owners wish to bring a 50% shareholder into the business for the following reasons:
â?¢\tTo reduce their workload
â?¢\tTo allow them to concentrate more on sales
â?¢\tTo provide sufficient working capital for the growth in sales they are experiencing

Sales have increased from $317,021 for the 2011 year to $1,367,494 for the 2012 year, a more than 300% increase. Month-by-month sales for 2013 are showing another significant increase on 2012.

Gross profit margins also significantly increased from 2011 (8.5%) to 2012 (22.5%) mainly driven by switching product manufacture from Australia to China.

This business is currently home-based with warehousing being done in Auckland. Consequently fixed costs are low although with the growth currently being experienced the owners may need to lease some office space in the future.

The owners are continually exploring new opportunities and products. Their distribution network is growing very strongly and has resulted in product suppliers approaching them to distribute product.

If you want to be a part of a vibrant, fast-paced, profitable business which is showing remarkable growth, then call me now.