Carpet & Flooring Distributor
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About this business for saleCarpet & 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 email@example.com
+64 9 555 6038
+64 21 059 9519
*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.