Covid? Hah! Import business that trades well despite lockdowns

Property Details

  • Property Name: Covid? Hah! Import business that trades well despite lockdowns
  • Property Type: General Business
  • Price: $320,000 plus SAV (averaging around $400,00 to 500,000)
  • Region: Hawkes Bay
  • Listing: HC00098

Confidentiality

To access information about this listing please complete the online Confidentiality Agreement Form.

Confidentiality Agreement Form

About this Business for sale in Hawkes Bay

While other businesses have suffered badly throughout 2020 with Covid 19 and lockdowns, this import business did the opposite. It is having record days and with the average sale per person going from $640 to $1020.

Worried about getting stock in from overseas? Not a problem here. The business has been going for 40 odd years and it has good contacts overseas. So, all ordering at present is done with their agents via phone and WhatsApp. There are 9 containers on the water that were ordered this way.

After 40 years, is there anywhere that this business can go, I hear you saying? Most certainly. A lot of what is sold is made just for this business – homewares, furniture etc, all made to unique specifications. No piece is the same as it is all handmade and sustainably made too.

Their products are in high demand from retailers so there is room to expand your retail customers throughout the country. Or set up your own retail empire – then maybe sell them off as they get established. Win-win here – you still supply them stock while making a profit on selling the shop.

Age has caught up with current owners, but their knowledge is there for the new owner to utilise while learning the business.

Price $320,000 plus SAV (averaging around $400,00 to 500,000)

Note: The owners have contacts in financial circles who have said they will lend against the business. Individuals will need to go through the usual approval process.

Want more details about this property?

Please complete the online Confidentiality Agreement Form:

Confidentiality Agreement Form