This unique business is currently located in Auckland but could be relocated to anywhere in New Zealand or Australia. It can be run from a home office or any site that has 10cbm of storage space. This business has no staff, no stock, no rent requirement, no debtors and no exchange rate risk. If you are interested in a business that has tangible assets then this business is not for you, so please don’t enquire. There is no need for tangible assets when you have no staff, no office/warehouse and all stock is presold. The vendor wishes to contract his expertise to a new owner indefinitely. Vendor has designed and implemented a computerised management program which takes away staff requirement and gives new owner complete control.

Considerations in setting the multiplier/capitalisation rate:

• Company has no staff, minimal stock, no exchange rate exposure
• Can be operated from home or added to an existing business
• Can be relocated anywhere in NZ or Australia
• Has had very consistent earnings with its most profitable year during the worst recession since the depression of the 1930’s
• Vendor will contract to the new entity
• Proven growth opportunities in Australia
• Limited competition
• Niche industry with huge barriers to entry
• No concentration risk with excellent spread of clients Excellent cash-flow because all clients pay within 30 days most within 14 days
• Supplier terms are 90 days so customers have paid before you have to pay for product. Custom built management, operations and design software

The only perceived negative we can see is because the business holds little stock, can be operated from home, doesn’t have staff it means that the business has no requirement for assets. We believe that the strength, quality and consistency of the offering and the earnings counter balance this concern. After all, assets need to be replaced. The product offering has a creative and technical requirement and the Vendor will contract his services indefinitely to the new entity. This is the reason he wishes to sell the business so as to not have to run the logistics side of the business but to be able to concentrate on design.

This one is unique so don’t miss out on it.

For further information please contact us.