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Stunning Textile Business - $1.6M EBPIDT

$5,900,000

Rarely do we get such a complete package in a business sale: excellent suppliers, successful line of retail stockists, online sales, exclusive distributorships, complete ownership of its niche in NZ and plenty of room for growth in Australia and further afield. Beauty, art, design, creativity, elegance - this textile business has it all. For sale by the founders, this exquisite soft furnishing business is a rare find and an exciting asset to own and grow.

With 2021 sales of $3.7M and a EBPIDT of $1.6M, 2022 is well on track to reach similar figures with pre-orders for 2022-23 already underway.

Barriers to entry is classic 101 in Business Sales. Complete ownership of niche in the upper echelon of the market where you set the price and through limited editions control the demand. Voilà!

The reason for selling is retirement but the founder is interested to stay on in the creative department and assist the new owner.

This business would suit many types of buyers and investors as it has been well run and managed with one of the owners previously being an accountant.

Due to confidentiality this business will be listed through our Auckland office as it is situated in another region of New Zealand but I’m assured by the owners it could certainly be run from another location.

Asking Price: $5,900,000 including equipment & vehicles ($103,000 BV) and stock ($1,300,000).

There is plenty of scope for further growth and we're sure you would like to hear more about this business. First, please visit  www.barkerbusiness/3239, register your details and submit the online Confidentiality Agreement. Once Sean receives your expression of interest he will be in touch regarding further information about this opportunity.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2022.

Details

Region Auckland
Price $5,900,000
Business ID 3239
Category Import/Export/Whole

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