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Search General - $1 Million Cash Surplus from IT Wholesale/Re-Sale - Auckland > Auckland
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DescriptionOver the last 4 years, this leading import, wholesale & re-sale IT business has seen a consistent cash surplus of around $1 million to one working Owner. Established 10 years ago, the current owner saw the opportunity to create a business that would generate high margins on popular, high turnover, IT equipment and accessories. Through extensive local and international experience, they developed this business model to perfectly suit the NZ market. A key factor to their success has been to develop and maintain solid, strong relationships with their local and international network of suppliers and their customers; resulting in a large database to which they provide numerous flexible and affordable options of new, ex-demo and refurbished equipment along with their excellent prompt service.
Turnover for the last financial year was $5 million and it is looking positive to have a repeat of that financial performance this financial year. Sales figures have the potential to expand considerably by simply exposing the business model nationally as currently the sales are predominately based within the upper north island. Reliable and knowledgeable staff is assembled and happy to remain and the owner is willing to assist with a smooth handover period and pass on the very smart buying processes to ensure the continued profit margins. Currently housed in an excellent position, a new owner has the option of continuing the operation from the current premises where the lease is at market value; or relocate if preferred.
Price is By Negotiation and in the vicinity of $3,000,000 + stock, priced from $1 million to $1.5 million.
Strict confidentiality applies. Interested parties please register your details at www.barkerbusiness.co.nz, reference #1597. Once Paolo has received your expression of interest he will be in touch to arrange an appointment at the office of Barker Business Brokerage. Please note for confidentiality purposes, this business has been listed under the Barker Business office address.
Agency Reference: BB1597
09 925 8773
021 507 116
Phone: 09 925 8773
is offering a fat 10% off your domestic parcel spend and 5% off your international parcel spend for all subscribed List Sell Trade members.
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