Carpet & Flooring Distributor

$410,000Auckland CityListing: #EL00641


Auckland City  


$410,000


Home & Garden
$160,000


About this business for sale

Carpet & Flooring Distributor

A known brand name with a profitable presence in the flooring market. It has a showroom/warehouse in a good location,  a first page Google web presence, proven marketing and administration staff,  trade ties with major importers & manufacturers and is complimented by a team of reliable independent layer contractors.

The present vendor has achieved a sale of 2M and EBIT of $160k per annum by streamlining the business in the last 2.5 years, strengthening the team infrastructure and marketing, building a good reputation with consumers and suppliers and having a strong purchase and supply chain management in place, resulting in a higher than industry norms gross profits . 

Family migration necessitates the sale of the business, where groundwork has been prepared for a new owner to take it to the next level. Vendor will provide comprehensive training and hand over of all aspects of the business. Asking price $410k plus stock approximately $100k.

Please complete online confidentiality by opening the listing http://www.linkbusiness.co.nz/businesses-for-sale/EL00641 and clicking on ENQUIRE NOW 

Strict confidentiality criteria applicable, details only in person to genuine buyers who can substantiate financial capacity.

Neville Choksi M 0210599519 E neville.choksi@linkbusiness.co.nz

Reference: EL00641

Auckland - Ellerslie
neville.choksi@linkbusiness.co.nz
+64 9 555 6038
+64 21 059 9519

Neville Choksi

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.