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Distressed Importer / Manufacturer / Wholesaler
Auckland

This is an opportunity for all bargain hunters. Established over 30 years ago, this reputable business is believed to be the largest in its field within New Zealand. A once thriving venture with a turnover of $14M, the business has been affected by the recent downturn/recession in the construction/building industry. However, due to a recent increase in demand from clients such as hotels and commercial businesses, sales have improved and the outlook is promising. All systems are in place and the business has experienced, dedicated staff with the expertise required to ensure continuation of supply and service. The business now requires an investor who can restore the business to its former glory and allow it to flourish. Offering heaps of potential, including the possibility to diversify into similar product lines, in addition to good supplier relationships. There is heaps of potential for this business, including the possibility of diversifying into similar product lines. Stock is currently approximately $1,400,000 and the value of the assets is considered to be over $2,300,000. The owner will consider a 50% shareholding for $500,000 plus stock, or will sell for the full price of $1,000,000 plus stock. To take advantage of this opportunity please contact Tommy Zhang (details below) or Neil Barker on 09 448 0750 / 021 957 095 / neilb@barkerbusiness.co.nz.

Asking Price: $1,000,000

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Contact: Tommy Zhang
Business: 09 4480754
Mobile: 021 760889
Email: tommyz@barkerbusiness.co.nz